Trumps deny involvement in Trump-branded memecoin wallet

Summary

A Trump-branded crypto wallet announcement has caused confusion, with Donald Trump Jr. stating the Trump Organization has no involvement in the wallet. He indicated that the family's crypto platform, World Liberty Financial, will launch its official wallet soon. Eric Trump warned that the wallet is unauthorized and cautioned Magic Eden against using the Trump name without approval. Barron Trump also stated the family has no connection to the wallet. The wallet is linked to Magic Eden and the TRUMP token team, with ownership by Fight Fight Fight LLC, co-owned by CIC Digital LLC, affiliated with the Trump Organization. Bill Zanker, associated with both companies, has significant holdings in Trump tokens. Previous confusion over Trump-related crypto ventures has occurred, including a reversal by Trump Media and Technology Group regarding a capital raise for Bitcoin purchases.

Related News