The website for a Trump-branded crypto wallet ceased operation shortly after receiving a cease and desist letter from another related Trump-linked project. Launched by Trump's meme coin partners, this wallet aimed to offer users financial rewards using TRUMP tokens. However, Trump’s sons, unaware of this initiative, are developing their own similar wallet and sent the legal notice against the current project. As reports surfaced, users began experiencing difficulties accessing the wallet site, which was confirmed to be down later in the day. The incident highlights ongoing tensions within Trump’s business ventures in the crypto space, with the president's family now striving for independence in the branding and marketing of crypto products. Nonetheless, this conflict is rooted in the competitive nature of leveraging Trump's image for profit in the rapidly evolving cryptocurrency landscape, making it clear that there are multiple factions within his enterprise seeking lucrative opportunities in the blockchain industry.

Source 🔗