On Tuesday evening, the social media accounts of the Trump family appeared to be compromised in order to promote a crypto scam.

The social media accounts of Republican National Committee co-chair Lara Trump, wife of Eric Trump, and Tiffany Trump, Trump’s youngest daughter, both saw their accounts hacked on Tuesday, as scammers sought to exploit the Trump family name to peddle new scams using cryptocurrency.

World Liberty Financial, a new crypto platform linked to former president Donald Trump's family, has warned the public about cybercriminals misusing its name to promote $15,000 crypto scams.

“Please do not click on any ads or links that claim to be associated with World Liberty Financial. We are NOT doing any airdrops or selling any tokens at this time,” the team warned the public recently.

Trump has emerged as one of the most high-profile political figures making a case for bitcoin. Earlier this year, he headlined an annual Bitcoin Conference, where he spoke about the need of appointing a pro-crypto chair to the U.S. Securities and Exchange Commission and creating a national crypto reserve.

The crypto industry has responded to Trump’s overtures by fundraising aggressively for his 2024 election campaign, and becoming the largest industry pouring money into the 2024 election for either Republican or Democrats. According to a new report from the watchdog group Public Citizen, close to half of all corporate donors to this election are from the crypto industry, with firms like Coinbase and Ripple among the top corporate backers of these campaigns.

However, while crypto has accelerated its influence over political campaigns, even Trump's team is cautioning users to stay vigilant.

“Please be aware of scams and fake tokens claiming to be associated with ‘Defiant Ones,’ ‘World Liberty,’ or similar names. Do not engage with these tokens,” the Trump team added.

Last year saw hackers make off with $4.6 billion in revenue from crypto scams.