But the launch of the so-called meme-coin - a cryptocurrency with no utility other than for fun or speculation - has been widely criticised by industry insiders. "Trump's comments about not knowing much about the coin back up my opinion that he is making a mockery of the industry. It's a stunt," says Danny Scott, CEO of CoinCorner.

President Donald Trump promised crypto investors he’d usher in an era of legitimacy for an industry that’s long been relegated to the financial wilderness — dismissed by some mainstream investors as an highly speculative bet at best or an elaborate Ponzi scheme at worst.

President Donald Trump has ventured into the cryptocurrency space with the launch of his official meme coin, TRUMP, which debuted on January 17, 2025. The coin has quickly gained attention across the crypto community.

Ivanka Trump, President Trump’s eldest daughter, warned Thursday that a cryptocurrency token bearing her name is fake. “It has come to my attention that a fake crypto coin called ‘Ivanka Trump’ or ‘$IVANKA’ is being promoted without my consent or approval,

Ivanka Trump warns of a fraudulent cryptocurrency, '$IVANKA', being promoted without her consent. She emphasises her lack of involvement and highlights the risks of consumer deception and legal violations due to the unauthorized use of her name.

Ivanka Trump Warns Against Fake Crypto Coin Using Her Name Ivanka Trump, daughter of President Donald Trump, is cautioning investors about a fraudulent cryptocurrency using her name. In a social media post on Thursday,