Eric Trump announced that the planned Trump-branded crypto wallet will not be launched due to a dispute with World Liberty Financial. World Liberty Financial is partnering to invest in the TRUMP meme coin and has sent a cease and desist letter to the GetTrumpMemes team, resulting in the wallet project being scrapped. Eric Trump stated their focus will now remain on promoting the meme coin. The TRUMP meme coin project has faced scrutiny as it forms part of the Trump family's broader financial ventures in cryptocurrency, which have significantly boosted Donald Trump's wealth. This development highlights ongoing tensions in the crypto space involving high-profile figures. It also comes amid a recent downturn in the associated meme coins following allegations linking Trump to controversial figures, causing a decline in both the TRUMP token and other related assets.

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