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Cryptocurrency News Articles

Zach Witkoff's X (Formerly Twitter) Account Hacked, Fraudulent Memecoin Promoted

Feb 13, 2025 at 01:55 pm

The X (formerly Twitter) account of Zach Witkoff, co-founder of the Trump-linked crypto project World Liberty Financial, was hacked on Wednesday.

Zach Witkoff's X (Formerly Twitter) Account Hacked, Fraudulent Memecoin Promoted

Zach Witkoff, co-founder of the Trump-linked crypto project World Liberty Financial, had his X account hacked on Wednesday. The hacker used Witkoff's account to promote a fraudulent memecoin project that was falsely linked to Barron Trump, the youngest son of Donald Trump.

"A hacker took over Zach Witkoff's X account and used it to promote a fake cryptocurrency linked to Barron Trump," CoinDesk reported.

The hacker claimed that Donald Trump would soon confirm the project, but World Liberty Financial quickly stepped in to warn people that it was a scam and advised them not to fall for it.

"Please be aware that this Barron meme is fake and part of a fraudulent memecoin project," World Liberty Financial posted on X. "We advise everyone to not engage with this scam. Barron is not involved in any crypto projects."

Later, Witkoff shared an update saying his account had been hacked but was now recovered, thanks to X's security team. The fake post has since been removed.

This is not the first time a Trump family member has been targeted in crypto-related scams. On January 23, 2025, Ivanka Trump also warned investors about a fake memecoin that used her name and likeness without her approval. She stated that the project scammed investors out of their “hard-earned money.”

World Liberty Financial (WLFI) is a decentralized finance (DeFi) project backed by Donald Trump and his family members, including Barron Trump. The company launched its token, WLFI, in October 2024.

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Other articles published on Feb 13, 2025