Trump Crypto Wallet 'Isn't Moving Forward' After World Liberty Clash: Eric Trump
Eric Trump announced that the planned Trump-branded crypto wallet for the TRUMP meme coin will not launch due to a dispute with World Liberty Financial. World Liberty Financial sent a cease and desist letter to the GetTrumpMemes team, prompting Trump to state that while the meme wallet is not proceeding, they are focused on building the TRUMP meme. He indicated that a substantial acquisition of TRUMP tokens would be made for the World Liberty Financial's treasury. This decision has created tensions, particularly following allegations involving President Trump and significant declines in meme coin values. Trump's ventures within the cryptocurrency space have raised eyebrows, with critics arguing that they solely serve family financial interests. The announcement also highlighted the dramatic events leading to the withdrawal of the wallet project, suggesting a complicated relationship within the cryptocurrency realm tied to political figures.
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