She said the $IVANKA crypto coin, which uses her name and likeness, is being promoted without her consent or approval.
Ivanka Trump , the president’s eldest daughter, warned investors that there is an imposter meme coin using her name soon after the president and first lady
. “This fake coin risks deceiving consumers and defrauding them of their hard-earned money, and the unauthorized use of my name and likeness is a violation of my rights.”Ivanka said her legal team is reviewing the issue and “will be pursuing measures” to stop the use of her name. She and her husband, Jared Kushner, were both senior advisors to the president during Trump’s first administration. They have not been as involved in his second campaign or administration thus far.Wall Street banks to sell billions in loans given to Elon Musk for purchase of XThe coins have no value and are largely tied to the couple’s popularity.
The president’s $TRUMP meme coin has been on a bumpy ride since launching. It sank to around $30 on Monday night after the president failed to discuss digital assets on his first day in office. The drop followed a peak of around $70 on Sunday.It ticked back up after the SEC announced a crypto task force that aims to improve regulation on the industry, but has since slumped back down to around $32.
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