Eric Trump announced that the Donald Trump meme coin project will not proceed with its planned crypto wallet following a conflict with World Liberty Financial, which issued a cease and desist letter against the project. Despite the wallet's cancellation, Eric Trump stated that World Liberty Financial intends to acquire a significant position in the TRUMP meme coin for its treasury. He emphasized their commitment to a shared vision of crypto and patriotism. This development comes after the Trump family has seen substantial financial success through various crypto initiatives, significantly contributing to Trump's overall wealth. The announcement reflects growing tensions and competition within the crypto sector associated with the Trump brand.

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