The latest hiccup in Trump’s crypto launch: Deleted posts and a hacking claim
Republican presidential nominee and former U.S. President Donald Trump gestures as he holds a rally at the Cambria County War Memorial Arena in Johnstown, Pennsylvania, U.S. August 30, 2024.
Brian Snyder | Reuters
The X accounts of two family members of Republican presidential nominee Donald Trump‘ appeared to have been hacked Tuesday in order to promote a scam aimed at cashing in on the Trump family’s nascent crypto venture.
The hacks come as the former president prepares to release his crypto policy platform, and his campaign wrestles with the fallout of a foreign cyberattack.
Shortly after 8:15 p.m. ET, the X account belonging to Trump’s daughter-in-law, Republican National Committee co-chair Lara Trump appeared to announce that the digital currency project, dubbed World Liberty Financial, had been launched.
The account provided several links to Trump’s 1.7 million followers to a coin and websites claiming to be “the only official channels of World Liberty Financial.”
One minute later, Donald Trump’s youngest daughter, Tiffany Trump’s X account also posted an endorsement and a website link.
The website linked to in the Trump family posts had been created earlier in the day Tuesday and registered via an anonymous domain hosting platform called Njalla Okta LLC, according to domain lookup site WhoIs.com.
Domiciled in the Caribbean nation of St. Kitts and Nevis, Njalla Okta was created by a cofounder of The Pirate Bay, a dark-web marketplace. All of which makes it nearly impossible for the public to trace the identity of the person behind the fake World Liberty Financial sites.
A few minutes after Lara Trump’s posts, her husband, Donald Trump’s son Eric Trump, appeared to use his own X account to write “This is a scam!!” He wrote that his wife and his sister’s “profiles have been compromised.”
All of these posts, including Eric Trump’s warning, have since been deleted. But not before screenshots captured the contents.
Spokespeople for the Trump presidential campaign and the Trump Organization did not reply to requests for comment Tuesday about the reported hacks, or the status of the Trump crypto venture. CNBC also contacted Eric Trump for comment via X, and did not immediately receive a reply.
The incident is the latest apparent stumble in the Trump family’s effort to launch a crypto platform.
Since June, multiple digital tokens supposedly backed by the Trump team or members of the Trump family have launched. CNBC could not independently verify that any of them were directly connected to the billionaire Republican presidential nominee’s family.
One was dubbed DJT, the same call letters as Trump Media Technology Group’s ticker symbol on the Nasdaq exchange. The coin pulled in hundreds of millions of dollars before the founders pulled the funds in early August, sending the coin plummeting in value.
The World Liberty project already appears to have missed one deadline last week, for a planned announcement.
The project comes in the wake of Trump’s keynote speech this summer at the annual Bitcoin Conference in which he declared his intent, among other things, to create a national reserve of Bitcoin if elected president.
Trump has been keen to ally himself with the crypto crowd, which has proven to be the largest single industry source of donations to either party this campaign cycle. Nearly half of all the corporate funds donated this election cycle have been from the crypto industry.
Tuesday’s incident appeared to affect the price of solana, a separate cryptocurrency token named in the supposedly fake posts. Immediately after they were sent, the price of solana fell 9% before recovering to about $126.
Lara Trump had described an accompanying governance token on solana which would support the DeFi lending protocol, World Liberty Financial.
Decentralized finance, or DeFi, describes a parallel banking system which cuts out middlemen like banks and lawyers and replaces them with something known as smart contracts, which are pieces of code that self-execute when certain conditions are met.
The all-electric luxury electric SUV is getting significantly cheaper. Lexus launched a new entry-level 2025 RZ trim with starting prices over $10,000 less than last year’s model. And you get just as much driving range.
2025 Lexus RZ electric SUV prices and driving range
Lexus launched its first dedicated EV last year, the RZ electric SUV. Starting at $55,175, the 2024 Lexus RZ 300e has a range of up to 266 miles.
The 2024 RZ 450e AWD, equipped with its dual-moto DIRECT4 system, has a range of up to 196 miles. Prices start at just under $60,000. Both models are offered in Premium or Luxury packages.
Lexus is drastically lowering prices for the 2025 model year. The 2025 Lexus RZ starts at $43,975, and that includes the $1,175 delivery fee.
At under $44,000, prices for the 2025 RZ start at over $10,000 less than last year’s model. The lower price tag comes as Lexus added a new entry-level RZ 300e FWD trim to the lineup.
The 2025 Lexus RZ 300e FWD still has an EPA-estimated 266-mile range (18″ wheels), so despite the lower price, it’s no loss from last year’s model. It’s powered by a 72.8 kWh battery pack from global leader CATL.
Lexus modified the subframe for the FWD model, replacing the rear eAxle from the AWD model. The result is a quieter, smoother drive.
Powered by a 71.4 kWh battery, the 2025 RZ 450e AWD has an EPA-estimated driving range of up to 220 miles (18″ wheels).
| 2025 Lexus RZ model | Starting Price* | EPA-estimated Driving Range |
| RZ 450e AWD | $48,675 | 220 miles |
| RZ 450e Premium AWD w/ 18″ Wheel | $52,875 | 220 miles |
| RZ 450e Premium AWD w/ 20″ Wheel | $54,115 | 196 miles |
| RZ 450e Luxury AWD | $58,605 | 220 miles |
| RZ 300e FWD | $43,975 | 266 miles |
| RZ 300e Premium FWD w/ 18″ Wheel | $48,175 | 266 miles |
| RZ 300e Premium FWD w/ 20″ Wheel | $49,415 | 224 miles |
| RZ 300e Luxury FWD | $53,905 | 266 miles |
The 2025 Lexus RZ is available in three grades. These include the new entry-level model, in addition to the current Premium and Luxury trims.
Inside, the electric SUV has a minimalistic feel with a standard 14″ infotainment with Apple CarPlay and Android Auto support at the center.
You can also opt for the available 10″ head-up display (HUD), Mark Levinson Surround Sound System, and a host of safety features.
The flat platform provides a spacious interior with 37.52″ of rear legroom, nearly as much as the second row of a Ford Explorer (39″).
With the 2025 model arriving at dealerships soon, Lexus is offering closeout prices on 2024 models with up to $18,500 in lease cash discounts. You can use our link to find the best offers on the Lexus RZ at a dealer near you today.
FTC: We use income earning auto affiliate links. More.
Environment
‘Political malpractice’ if Trump undoes climate-geared Biden projects, outgoing U.S. energy secretary says
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan.
Sean Gallup | Getty Images News | Getty Images
A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed by the President-elect’s own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington’s green transition policies.
Referencing the White House’s withdrawal from the Paris Agreement — a 2015 treaty in which nearly 200 governments made non-binding pledges to reduce greenhouse emissions — during Trump’s first mandate, Granholm said the U.S. pressed ahead with projects linked to the green transition that members of Congress wanted to undertake in their districts.
“We are now building all of these projects. We’re building batteries for electric vehicles, we’re building the vehicles, we’re building the offshore wind turbines, we’re building the solar panels. And all of those are factories. And those factories are in districts of members of Congress,” she told CNBC’s Dan Murphy on Friday at the COP29 U.N. climate conference held in Baku, Azerbaijan.
She estimated that 80% of the funding from U.S. President Joe Biden’s legacy bills — the Inflation Reduction Act and the Bipartisan Infrastructure Law — went to U.S. districts represented by Republican leadership.
“It would be political malpractice to undo those opportunities when people are just now getting hired,” she said, stressing benefits to the manufacturing sector and noting that the business community of the world’s largest economy and oil producer now wants a clear course from Washington on its climate policy.
“This isn’t about in [the Paris Agreement], out, shifting back and forth. Let’s have a consistent practice,” she said.
When asked for a response on Granholm’s comments, Karoline Leavitt, a spokeswoman for Trump’s transition team, said the president-elect will “deliver” on the promises he made on the campaign trail.
International focus has now shifted on the shape of the U.S.’ future role in global climate policy, as Trump prepares to take the helm at the White House for a second mandate in January, following a sweeping victory against Democrat candidate Kamala Harris. Trump — who has yet to announce his own pick to lead the U.S. Department of Energy — put hydrocarbons at the front and center of his campaigning agenda, pledging to “end Biden’s delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production.”
The U.S. Energy Information Administration (EIA) in March said that the country already “produced more crude oil than any nation at any time” for the past six years to 2023, averaging a crude oil and condensate production of 12.9 million barrels per day that year — breaking the previous U.S. and global record of 12.3 million barrels per day recorded in 2019, during Trump’s first mandate.
Yet Granholm on Friday stressed that the clean transition is also “unleashed” and will take place regardless of who is leading the White House — and that ignoring climate change risks sacrificing Washington’s position as a frontrunner in the blooming decarbonization industry.
“Why would we take a second, a backseat to an economic competitor like China?” she asked. “They have an economic strategy, they want to be number one. So if we get out of the game, we’re just going to cede that territory all over again. It’s bad strategy for the United States and for workers and for communities across the country.”
As the world braces for the possibility of a second U.S. exit from the Paris Agreement, some climate activists note that the green transition has now gained a different global momentum than during Trump’s first turn at the White House:
“There is no denying that another Trump presidency will stall national efforts to tackle the climate crisis and protect the environment, but most U.S. state, local, and private sector leaders are committed to charging ahead,” Dan Lashof, U.S. director of the World Resources Institute, said in a Nov. 6 statement.
“Donald Trump heading back to the White House won’t be a death knell to the clean energy transition that has rapidly picked up pace these last four years.”
Granholm also identified potential support in Trump’s current entourage, which this week welcomed business tycoon Elon Musk as the president-elect’s choice to head a new Department of Government Efficiency, alongside conservative activist Vivek Ramaswamy:
“His right-hand man, Elon Musk, is somebody who has been strongly in favor of products that … address climate change. Obviously, he’s the founder of Tesla,” Granholm pointed out.
Musk’s environmental stance has come under question over the years, shifting from telling Rolling Stone magazine that “climate change is the biggest threat that humanity faces this century, except for AI” and backing carbon taxes to holding that the world needs hydrocarbon supplies as a bridge to renewable energy.
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