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International Business Times
International Business Times
Business
Marvie Basilan

WLFI Co-founder's X Account Exploited To Promote Fake Barron Trump Memecoin; Losses Reported

Donald Trump promoted World Liberty Financial and has been appointed as the DeFi project's chief advocate. (Credit: WLFI Twitter)

KEY POINTS

  • WLFI warned X users not to engage with the compromised account
  • Witkoff later said his account was compromised but has since been retrieved
  • Prominent internet personality Taylor Caniff said he lost $3,600 due to the breach
  • Another user claims to have lost 458 $SOL worth some $90,000 on current prices

The X account of Zach Witkoff, one of the co-founders of World Liberty Financial (WLFI), was compromised Tuesday night and used by exploiters to promote a fake memecoin based on U.S. President Donald Trump's son, Barron.

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