The announcement was made via social media platform X, highlighting the risk of deception and financial fraud posed by the fake medal.
Ivanka Trump issued a public warning against a fraudulent cryptocurrency named the so-called ‘$Ivanka’ Corner. “To be clear: I have no involvement in this piece. This fake coin risks misleading consumers and defrauding them of their hard-earned money,” she said.
The warning comes amid a wave of meme tokens tied to major figures, including $Trump and $Melania, launched over the weekend. These tokens initially attracted attention but have since seen significant drops in value. The $Trump coin, linked to the former president, peaked before falling 50% to $37, while the $Melania token plunged 80% to $2.84.
Despite their popularity among crypto enthusiasts, MEME coins are highly volatile and lack intrinsic value. Ivanka Trump, who played a major role in the first Trump administration alongside her husband Jared Kushner, is urging caution to help investors avoid losses from misleading projects.