Eric Trump announced that the Trump meme coin project will not launch its planned crypto wallet, following a dispute with World Liberty Financial, which recently sent a cease and desist letter to the GetTrumpMemes team. Despite this setback, Eric Trump stated that World Liberty plans to invest significantly in the TRUMP meme coin, aiming for long-term success in the crypto space. He emphasized that they remain committed to promoting the TRUMP meme coin and its vision for crypto and patriotism. The announcement follows a broader context of Trump's involvement in various crypto ventures, which have significantly contributed to his wealth. The situation has sparked criticism regarding the potential motivations behind the Trump family's engagement with the cryptocurrency industry, amidst controversy surrounding discussions involving President Trump and noted figures like Elon Musk. Overall, this development highlights shifting dynamics within the cryptocurrency landscape and the Trump family's positioning within it.

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