Eric Trump announced that the Donald Trump meme coin project will not launch its planned crypto wallet due to a dispute with World Liberty Financial, which issued a cease and desist letter. Despite this setback, Eric Trump confirmed that World Liberty Financial intends to invest in the TRUMP meme coin, highlighting their long-term vision for cryptocurrency and patriotism. He stated that although the wallet won't proceed, the focus remains on the meme coin's development. The announcement coincided with a controversy involving Elon Musk and claims relating to Donald Trump and Jeffrey Epstein, which negatively impacted related meme coins' values. This situation follows the Trumps' active involvement in the cryptocurrency industry, which includes various profitable ventures and significant contributions to President Trump's overall wealth. The ongoing tensions illustrate the contentious nature of celebrity engagements in cryptocurrency spaces and project successes, as evidenced by the fluctuating markets around these announcements.

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