Such hacks have become increasingly common, especially those targeting celebrities. Bad actors exploit their social media reach to advertise scam tokens, preying on the trust and influence these figures hold.
The hacker targeted the X (formerly Twitter) accounts of Lara and Tiffany Trump, Donald Trump's daughter-in-law and daughter. Both have ties to World Liberty Financial, a decentralized finance (DeFi) project spearheaded by Donald Trump's sons.
The hacker compromised Lara Trump's account around 8:15 p.m. ET, using the Republican National Committee co-chair's profile to promote the launch of World Liberty Financial. The post included links advertising a coin and a website claiming to be the “only official channels of World Liberty Financial.”
It also mentioned Solana, aligning with Lara Trump's recent discussion of a governance token tied to the project on the Solana blockchain. Similarly, the hacker used Tiffany Trump's account to promote the scam token, also displaying a website link.
WhoIs.com reveals that the hacker registered the website on the day of the attack, using Njalla Okta LLC, an anonymous domain-hosting platform based in St. Kitts and Nevis. One of The Pirate Bay's co-founders reportedly helped establish Njalla, further adding anonymity to the scam operation.
Eric Trump confirmed that X acted swiftly to secure Lara's and Tiffany's accounts following the hacking incident. World Liberty Financial affirmed in a statement that the platform promptly locked down the accounts to prevent further unauthorized activity.
“Lara's and Tiffany Trump's X accounts have been hacked. Do NOT click on any links or purchase any tokens shared from their profiles. We're actively working to fix this, but please stay vigilant and avoid scams,” read the post.
The hacker aimed to exploit the Trump family's emerging crypto venture, striking as Donald Trump prepares to unveil his platform. This incident is the latest in a series of setbacks that have disrupted the Trump team's plans to launch a crypto platform. According to BeInCrypto, a major announcement was expected last week but did not materialize.
Several tokens have been created in Donald Trump's name, including the DJT meme coin, which shares similar letters to Trump Media Technology Group's Nasdaq ticker. Roger Stone, Trump's former advisor, has denied any involvement between Trump and the DJT coin.
Despite this, DJT attracted hundreds of millions of dollars before the founders executed a rug pull in early August, causing its value to crash.
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