Eric Trump announced that the planned launch of the Trump-branded crypto wallet will not proceed due to a dispute with World Liberty Financial. The conflict arose after World Liberty Financial sent a cease and desist letter to the GetTrumpMemes team, which is associated with the TRUMP meme coin project. Despite the wallet project being halted, Eric Trump stated that they remain committed to the TRUMP meme coin, which World Liberty Financial plans to invest in for their long-term treasury. This announcement follows the broader efforts of the Trump family to engage in various crypto-related ventures, including the launch of the Official Trump meme coin. The recent clashes have raised questions about the financial strategies associated with these projects and their impact on President Trump's wealth, with estimates suggesting that such ventures contribute significantly to his net worth.

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