Trump Family Cracks Down on Unauthorized $TRUMP Crypto Wallet Project
The Trump family has issued a cease-and-desist letter to Magic Eden and GetTrumpMemes.com, the creators behind a controversial Trump-branded cryptocurrency wallet. The project, associated with the $TRUMP memecoin, has been publicly disavowed by Donald Trump's sons, who assert no connection to the initiative.
Eric Trump explicitly cautioned against unauthorized use of the Trump name in a social media statement. World Liberty Financial, another Trump-affiliated crypto venture, is pursuing legal measures to stop the wallet's development.
This dispute underscores the hazards of celebrity-endorsed crypto projects and the potential for intellectual property conflicts in the digital asset industry.