Trump’s crypto project targeted by hackers
Launched just a month ago and endorsed by Trump, the World Liberty Financial initiative has quickly amassed over 230,000 followers on its official Telegram channel.
Although it boldly claims to rival the dominance of established financial institutions, concrete details about the venture are still minimal.
With the WLF becoming a hot topic, cybercrooks have taken advantage of the buzz surrounding the initiative, slipping into the official channel and promoting their deceitful activities, ensnaring over 70,000 naive individuals.
According to reports, the ‘World Liberty Financial Airdrop’ channel is tricking users with bogus promises of cryptocurrency rewards up to $15,000 for linking their wallets.
Such scams could endanger the assets of users, with the actual number of victims yet to be determined. Moreover, it risks the security of private keys, leading to wallets being locked and the irreversible loss of funds.
Unbeknownst to some, Donald Trump recently disclosed to his 90 million followers on X his ambition to position the U.S. at the forefront of the cryptocurrency arena.
He spotlighted WLF, a DeFi initiative backed by his sons and actively promoted by them.
Fascinatingly, merely an hour before his announcement, WLF had cautioned its Telegram followers about possible frauds, urging them to remain vigilant.
Despite WLF’s Telegram alert about potential scams, an eye-catching ad for a counterfeit ‘World Liberty Financial Airdrop’ remained conspicuously posted for four days, blatantly ignoring the advisory note.
