An image circulating online appears to show a Donald Trump statement hawking "Trump Liberty Coins" that can be purchased cheaply and immediately exchanged at a bank for hundreds of times their value. But the supposed screenshot is fake, the former US president's 2024 campaign told AFP, and no such message appears on his website or Truth Social feed.
"I would like to thank all of my patriots that have shown their support throughout the years, and currently. The best way for me to give back to you is the Trump Liberty Coins project!" the supposed statement says.
"So Trump is raising money by selling Trump Liberty Coins for $149 and is telling buyers they can immediately sell it at Bank of America for $100,000," says Alan Rosenblatt, an adjunct professor at The George Washington University, in an April 11 post. "That really sounds like fraud."
Scammers can really be so creative and they are watching current events to see potential personalities whom they use to victimize people. I think same strategy was successfully deployed in the past using famous names and celebrities to get the attention of many who can be influenced either to buy something or to share their private keys with the promise of airdrops. Sadly, there can still be some to fall victims to this scheme as everyday new people are entering the cryptocurrency industry and many of them are still starting in their learning curve on how to stay safe and secure navigating the many ins and outs of cryptocurrency. Were you once a victim of a similar-looking scheme to defraud you of your hard-earned money?Not only is it unbelievable to me that someone believes in such stories and loses money on similar schemes. I find it more incredible that someone who is able to believe this has any money at their disposal.
If someone falls for such a cheap trick, he definitely deserves to learn a lesson the hard wayNew investors within this period will be the most victims. Their inexperience will cost them a lot.
~Creative?? It's your opinion I know, but I disagree with that part.
Scammers can really be so creative and they are watching current events to see potential personalities whom they use to victimize people. I think same strategy was successfully deployed in the past using famous names and celebrities to get the attention of many who can be influenced either to buy something or to share their private keys with the promise of airdrops. Sadly, there can still be some to fall victims to this scheme as everyday new people are entering the cryptocurrency industry and many of them are still starting in their learning curve on how to stay safe and secure navigating the many ins and outs of cryptocurrency. Were you once a victim of a similar-looking scheme to defraud you of your hard-earned money?
In any case, it is not surprising at all that scammers exploit the names of projects to trap their victims and steal their money, especially since new news started saying that Trump has become a supporter of Bitcoin and cryptocurrencies.
In addition, Trump also sells various goods including shoes, his own NFT and even bible. So it's also not surprising few people find scam coin/token/goods with label "Trump" doesn't sound unusual.
Trump’s NFT collection, known as the “Mugshot Edition,” has introduced an exclusive reward for those who purchase more than 100 NFTs from the collection.https://www.binance.com/en/square/post/2946448357273
This reward comes as “One-of-One” trading cards, classified as Bitcoin Ordinals, creating a buzz among NFT enthusiasts.
~snip~
Trump is a strange man and has interesting behavior. We hope that he will become a real supporter of cryptocurrencies if he wins the presidential election.
"By investing in one Trump Liberty Coin for only $149, you can get $100,000 by exchanging it right away at Bank of America!"
If one day someone says that Bitcoin is "a scam against the dollar", and the next day "It's an additional form of currency...", then we see that the person is just adapting to trends and trying to win over voters from that part of the spectrum. If he becomes president again, I think we can expect much stricter regulation of Bitcoin in the US, and considering the unpredictability he often shows, I would not be surprised if he makes some drastic decision to ban Bitcoin completely or at least partially.Like you, I also have doubts about Trump's true intentions if he wins the elections. It is not at all difficult for him to change his position on Bitcoin as he did before, so yes, he may impose stricter regulation of Bitcoin in the United States, or even ban it completely.
This is meant to discredit Trump because he is running in the next election, I don't know his chances he better groom himself this early, news like this is bad for his image.
Scammers can really be so creative and they are watching current events to see potential personalities whom they use to victimize people. I think same strategy was successfully deployed in the past using famous names and celebrities to get the attention of many who can be influenced either to buy something or to share their private keys with the promise of airdrops.You are 100% right scammers have become so smart sometimes I wonder why they chose this field of work, why did they not become something else, well then I realize if there are whitehat hackers, then there have to be blackhat hackers, its the circle of life. So, considering there smartness, they somehow come up with a unique idea, like the one you said about airdrop, same happened with the CEO of Ethereum as when his account got compromised, hackers made a tweet where they ask people to connect there wallet to it in order to get an NFT, and many people thought they might get huge airdrop after mining this NFT but they lost all of there funds, if I am not wrong, the amount that was stolen that day was around $900K.
Sadly, there can still be some to fall victims to this scheme as everyday new people are entering the cryptocurrency industry and many of them are still starting in their learning curve on how to stay safe and secure navigating the many ins and outs of cryptocurrency. Were you once a victim of a similar-looking scheme to defraud you of your hard-earned money?No fortunately I never become a victim of such a thing and I want to keep it that way, for me and for everyone. But still when I hear news like these that people got scammed and lost there hardly earned money I fear the crypto industry but then I thoughts of precautions that we all should take in order to safe ourselves. My single rule is keep your crypto and normal life data separate and try new things with new wallets.
This is meant to discredit Trump because he is running in the next election, I don't know his chances he better groom himself this early, news like this is bad for his image.
This scam is riding on the popularity of a certain personality and as of now Trump remains to be the leading figure in the upcoming November presidential election and Biden is trailing behind in many polls, despite the many cases filed against Trump. In fact, if election is held today Trump will be the runaway winner. I remember that there was also a similar scam that used the supposed endorsement of Elon Musk and it was unfortunate that there were still people who got victimized despite the obvious tell-tale signs that it is nothing more than a fraud. Now, this will not in anyway affect Trump in his election bid as he is a very resilient man...am more concerned on the lawfare thrown on him left and right and the ongoing biased mainstream media working against him. Yes, in the past, there had been many Trump-inspired memecoins but most of them are dead now but there is one particular coin called as MAGA (https://coinmarketcap.com/currencies/maga/) and is enjoying a good price in the market. While I understand well the meaning of MAGA, I am not sure what can be the connection with this with the ex-president if there is one. We should be careful not to be deceived by people who are using their creative prowess to victimize people...and they can even be based in North Korea, Nigeria or even in Cambodia.