Trump Crypto Wallet 'Isn't Moving Forward' After World Liberty Clash: Eric Trump
Eric Trump announced that the planned Trump-branded crypto wallet will not be launched due to a dispute with World Liberty Financial, a project backed by the Trump family. Following a cease and desist letter sent to the GetTrumpMemes team, the wallet plans were put on hold. Eric Trump stated that while the wallet project is not moving forward, they remain committed to developing the TRUMP meme coin. World Liberty Financial intends to acquire a significant position in the meme coin for its long-term treasury. This announcement reflects ongoing tensions and complexities within the Trump family's ventures in the cryptocurrency space, as their involvement in multiple crypto projects has drawn both profit and scrutiny. The planned collaboration had initially sparked excitement among supporters and investors alike, but the latest developments indicate a shift in strategy against a backdrop of rising tensions in the broader crypto market.
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