Ivanka Trump has issued a stark warning to investors by revealing that she had been caught up in a fake crypto scam.
The First Daughter, 43, took to her Instagram Stories on Thursday to share her disdain after saying that a “fake” cryptocurrency using her name was “being promoted without her consent or approval.”
She insisted she had “no relation” to the coin and criticized whoever made it for “misleading customers and defrauding them of their hard-earned money.”
“It has come to my attention that a fake cryptocurrency called “Ivanka Trump” or “$IVANKA” is being promoted without my consent or approval,” he wrote.
‘To be clear: I have no relationship with this coin. This counterfeit currency risks misleading consumers and defrauding them of their hard-earned money.’
The mother of three added that “the unauthorized use of her name and image was a violation of her rights” and that her “legal team” would be “taking action” to stop it.
“This promotion is misleading, exploitative and unacceptable,” he concluded.
“My legal team is reviewing and will seek measures to stop the continued misuse of my name.”
Ivanka Trump has issued a stark warning to investors by revealing that she had been caught up in a fake crypto scam.

Ivanka took to her Instagram Stories on Thursday to share her disdain after saying that a “fake” cryptocurrency using her name was “being promoted without her consent or approval.”

She insisted she had “no relation” to the coin and criticized whoever made it for “misleading customers and defrauding them of their hard-earned money.” She is seen at the inauguration ball.
The fake crypto scam came just days after his father, Donald Trump, and his wife, Melania Trump, launched their own crypto tokens.
The new president, 78, announced his meme coin via Truth Social, writing, “My new official Trump meme is here.”
‘It’s time to celebrate everything we stand for: WINNING. Join my very special Trump community and get your $TRUMP now.’
Donald’s post featured an artist’s rendering of the coin showing him waving his right fist in the air moments after an assassination attempt at a campaign rally in Butler, Pennsylvania, on July 13, 2024, with the slogan “Fight , fight, fight.”
Days later, Melania, 54, revealed her own crypto token, $MELANIA.
Both are hosted on the Solana blockchain: hers can be purchased for about $2.72, while his is worth about $35.96.
Her token is much smaller than her husband’s, and it has a market capitalization of nearly $466 million versus Trump’s $7.1 billion, according to coinmarketcap.com.
Both the Melania and Trump coins are fungible tokens, meaning each token is identical and interchangeable with each other. Government-issued currencies, such as the US dollar, are also considered fungible.

The fake crypto scam came just days after his father, Donald Trump, and his wife, Melania Trump, launched their own crypto tokens.

The new president, 78, announced his meme coin via Truth Social, writing, “My new official Trump meme is here.”

Days later, Melania, 54, revealed her own crypto token, $MELANIA.
Meme coins are generally considered incredibly risky investments, as they are prone to insider trading and extreme volatility.
According to Melania’s meme website, 35 percent of the tokens were distributed to vest the team, 20 percent went to both the team treasury and the community, and 10 percent went to liquidity .
According to the website, only 15 percent of the tokens are available for purchase to the general public.
In a disclaimer on the website, it says the Melania meme coin “is intended to function as an expression of support and commitment to the values embodied by the MELANIA symbol.”
The currency “is not intended to be or be the subject of an investment opportunity, investment contract or security of any kind,” according to the website.
Similar disclaimers are present on the Donald meme coin website, which are almost certainly an attempt to avoid enforcement action by the Securities and Exchange Commission.
Donald has sold non-fungible tokens in the past, better known as NFTs. They were announced as digital trading cards that featured him in various heroic scenarios.