Ivanka Trump, eldest daughter of the nation’s president, warned American investors about the existence of a cryptocurrency that falsely bears his name.
Through a message published on platform
“I have learned that a fake cryptocurrency called ‘Ivanka Trump’ or ‘$IVANKA’ is being promoted without my consent or approval.
To be clear: I have no relationship with this coin. This fake currency risks misleading consumers and defrauding them of their hard-earned money, and the unauthorized use of my name and image is a violation of my rights. “This promotion is misleading, exploitative and unacceptable,” he said.
The announcement of Ivanka Trump arises after his father signed a executive order that promotes cryptocurrencies under the commitment to make the United States the “crypto capital of the planet.”
Since Donald Trump assumed the US presidency for the second time, the value of Bitcoin, the longest-lived cryptocurrency on the market, began to increase to exceed $105,000.
Years ago, the New York tycoon came to cryptocurrencies as a “scam,” but during his campaign seeking to return to Washington he modified his speech by testifying how they have become the new market for investors from around the world.
However, through the order signed by Trump, the establishment of a central bank digital currency (CBDC) is prohibited, this with the aim of strengthening the trust placed in the dollar as the world reserve currency since July 1944.
Keep reading:
• Ivanka Trump claims to hate politics for being “a very dark and negative business”“
• Ivanka Trump and Jared Kushner complete construction of their $24 million mansion
• 2025 will be a challenging year for immigrants with the return of Trump