Eric Trump announced that the planned launch of a Trump-branded crypto wallet will not proceed. This decision follows a dispute between the Trump project and World Liberty Financial, which sent a cease and desist letter to the cryptocurrency team, leading to the wallet's website being taken down. Despite this setback, Eric Trump expressed pride in the TRUMP meme coin project and announced that World Liberty Financial will still invest in the meme coin, acquiring a substantial position for their treasury. He emphasized a shared vision for crypto and patriotism, aiming for long-term success, even as the wallet project is halted. The Trump family has been involved in various successful cryptocurrency ventures, significantly contributing to the wealth of former President Trump, with estimates suggesting around $2.9 billion of his net worth is linked to these projects. The ongoing developments reflect the intense and often controversial engagement of the Trump family with cryptocurrency initiatives.

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