Eric Trump announced that the planned launch of the Trump-branded crypto wallet will not proceed due to a dispute with World Liberty Financial. This company, aligned with Trump's sons for the TRUMP meme coin project, issued a cease and desist letter to the GetTrumpMemes team. Eric Trump emphasized their continued focus on building the meme coin, stating that World Liberty plans to acquire a significant stake in TRUMP for its long-term treasury. The ongoing developments follow earlier announcements related to Trump’s ventures in cryptocurrency, including past profitable projects tied to meme coins and decentralized finance platforms. The crypto-related projects have reportedly contributed significantly to Trump's wealth, causing debates about their impact and motivations. Eric Trump's statements highlighted the ambitions for the meme coin while addressing challenges in the wallet's launch, underscoring ongoing tensions in the political and crypto landscape.

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