Ivanka Trump Denounces Unauthorized $IVANKA Crypto Coin Promotion

Ivanka Trump has publicly distanced herself from the newly launched IVANKA coin, calling it a “fake crypto coin” marketed without her consent. She stated that she is not involved with the project and is consulting her legal team regarding the unauthorized use of her name.

Ivanka's Twitter/X post attracted over 1.2 million impressions, warning consumers about the misleading nature of the coin.
She emphasized that the developers are violating her rights and plans to take legal action.
This follows the trend of other Trump-themed coins, including the $MELANIA coin and Donald Trump's Official Trump token.
Trump's token initially surged to $75 but has since dropped by 50% to around $37.
The Melania coin also fell by 80%, currently trading at $2.8.

In related news, Trump remains pro-crypto, promising support for Bitcoin and announcing his first crypto regulation on January 23rd, which bans Central Bank Digital Currency (CBDC) creation.