Lara Trump’s ‘Cryptocurrency Venture’ Exposed as Scam After Hacking Incident: ‘This is a Scam!!’
Melissa Sue Gerrits/Getty Images
Lara Trump, the daughter-in-law of former President Donald Trump, became the victim of a hacking incident on Tuesday after announcing a supposed cryptocurrency project on social media. Lara, who holds a senior leadership role in the Republican National Committee, took to X (formerly Twitter) to share details about what appeared to be a new venture she and her husband, Eric Trump, were working on.
“I’m excited to finally be able to speak on World Liberty Financial, the project I have been working on alongside my husband @EricTrump,” she wrote. Lara explained that the aim of the project was to “utilize our governance token on Solana, $WL, to support our DeFi lending protocol.” She added that the goal was to “take power away from centralized banks and give it back to the people,” promising better lending and borrowing rates through decentralized finance (DeFi) solutions.
However, just after the announcement, Eric Trump quickly responded on his own account, warning their followers that Lara’s post was a result of a hack. “This is a scam!!” Eric declared, confirming that both Lara and his younger sister Tiffany Trump’s X accounts had been “compromised.”
Unfortunately, the clarification came too late for many social media users, who had already widely mocked Lara’s “project.” National security attorney Bradley Moss sarcastically commented, “Will your husband funnel this money to other purposes too like he did his charity?”—a reference to accusations against Eric Trump’s former foundation, which was accused of diverting funds intended for pediatric cancer patients for personal business ventures.
Others joined the criticism. James Singer, a rapid response adviser for Vice President Kamala Harris’ campaign, pointed out the timing, saying, “Less than 70 days until Election Day and the head of the RNC is launching a money-making scheme.”
Even conservative anti-Trump attorney George Conway chimed in, quipping, “Hunter Biden, we hardly knew thee,” in reference to the years Republicans have spent targeting President Joe Biden’s son over allegations that he used his family name for personal business gains.
The hacking incident created a stir on social media, highlighting the vulnerabilities of high-profile figures and sparking a wave of commentary. Though the posts were quickly identified as a scam, the damage had already been done, with many using the incident as an opportunity to take political jabs.
