WLFI sends cease-and-desist letter over unauthorized Trump wallet
World Liberty Financial (WLFI) has issued a cease-and-desist letter to Fight Fight Fight LLC, the company behind the Trump memecoin and related projects, following an announcement of an official $TRUMP wallet by Magic Eden. The letter was reportedly sent after concerns were raised about unauthorized use of Trump’s name in connection with the crypto wallet. Donald Trump Jr., acting as a 'Web3 ambassador' for WLFI, clarified that the Trump Organization is not involved with this wallet and stated that WLFI is planning its own official launch in the near future. This incident comes amidst scrutiny from US lawmakers regarding Trump’s business dealings in the crypto sector. The announcement about the wallet and subsequent cease-and-desist letter appear to have affected the waitlist website, which was taken offline shortly after the news broke. This situation underscores the ongoing tensions and regulatory challenges surrounding crypto initiatives linked to prominent public figures.
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