Ivanka Trump Slams Fake Crypto Coin Exploiting Her Name
From Trump to Melania, we now have an Ivanka Trump coin. The cryptocurrency industry has taken the full fallout from Trump mania, but at least one family member isn’t happy with the latest developments, especially the issuance $Ivanka Coin.
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In a post on Twitter/X, Ivanka Trump Exploded the news of the new crypto project, calling it a “fake crypto coin” that was currently being created without her consent. The president’s daughter said she has no connection to the project and is currently working with her legal team over the unauthorized use of her name in marketing the cryptocurrency.
This is not what Trump-themed coins are on the market for. Just days before going to work, Trump promoted a meme coin and then launched the $Melania coin.
Ivanka publicly denies any link to $ivanka crypto project
On Thursday, the president’s daughter publicly denied any connection to a new crypto-meme coin being marketed in her name. In a Twitter/X post that generated more than 1.2 million impressions, Ivanka posted Strong warning And warn consumers about this questionable crypto project.
It has been brought to my attention that a fake cryptocurrency called “Ivanka Trump” or “$Ivanka” is being promoted without my consent or endorsement.
To be clear: I have no involvement with this coin. This fake coin has the potential to deceive consumers and cheat them of their hard earned money,…
— Ivanka Trump (@ivankatrump) January 23, 2025
Ivanka shared that she had no connection to the project and criticized the developers for using her likeness and name without approval, saying it was a violation of her rights. She added that her legal team was taking the issue seriously and planned to prosecute for identity abuse.
The president’s daughter added that the crypto project is not only unacceptable, but also deceptive and exploitative. Ivanka and her husband, Jared Kushner, held key positions in the first Trump administration. However, the couple seemed to enjoy being on set.
Controversy swirls around new coin release
Ace-themed meme coins are some of the most popular coins on the market today. However, their distribution and marketing caused controversy. On January 17, US President Donald Trump launched the official Trump Token on the Solana blockchain. Then, two days later, the first lady also announced her coin, the Solana blockchain-backed “Melania Coin.”
President Trump used the Society of Truth to announce his crypto coin, encouraging the community to join the celebration and Trump’s special community. Days after its launch, Trump Token reached an all-time high of $75, pushing the project’s market cap to $15 billion.
However, enthusiasm for the Trump coin waned immediately, trading at $37, reflecting a 50% drop. Additionally, the Melania meme coin suffered the same fate, falling by 80% and now trading at $2.8.
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Trump continues pro-Clapto stance
Ahead of the November election, Trump stated his intention to support Bitcoin and crypto projects. He promised a favorable crypto environment and outlined specific plans, including replacing SEC Chairman Gary Gensler and supporting Bitcoin Reserve.
On January 23, Trump issued his first crypto regulations, banning the creation and issuance of central bank digital currencies (CBDC).
Featured image by Tobias Hase/Picture Alliance/Get Toprip, chart by TradingView
