Army of digital imposters uses names associated with president’s family in apparent bid to deceive investors

Despite once calling cryptocurrency “a scam”, Donald Trump made a theoretical fortune of billions after launching a self-named and highly controversial meme coin immediately before his second inauguration in January.

Now an army of digital imposters is trying to cash in on the president’s name and online presence to make their own crypto killing, according to a report in the Financial Times that details hundreds of “copycat and spam coins” uploaded to Trump’s official wallet in cyberspace.

Continue reading...