Trump’s Crypto Wallet Sparks Firestorm—Family Ties Fuel Scrutiny
Another day, another political figure diving headfirst into crypto—this time with a side of familial drama. The launch of a Trump-branded digital wallet has critics circling like vultures, questioning whether this is a play for legitimacy or just another grift wrapped in blockchain.
Wall Street rolls its eyes—because nothing says ’financial innovation’ like slapping a famous name on a hot trend. Meanwhile, the SEC hasn’t even blinked yet—too busy chasing retail traders, probably.
TLDR
- Trump-branded crypto wallet launched via Magic Eden sparks confusion as Trump’s sons deny involvement.
- Magic Eden partners with $TRUMP memecoin team, but Trump family disowns the wallet project.
- Trump Jr. and Eric Trump announce separate official crypto wallet under World Liberty Financial.
- Fight Fight Fight LLC, behind $TRUMP token, stays silent amid growing scrutiny over wallet legitimacy.
- Public questions Trump brand control as multiple crypto projects claim affiliation without clear approval.
The recent unveiling of a Trump-branded crypto wallet sparked public confusion following its promotion by NFT marketplace Magic Eden. Although the product features Donald Trump’s name, his sons claimed no knowledge of the wallet or its creator. The conflicting statements have raised questions about brand control and coordination among Trump’s expanding crypto-linked ventures.
Magic Eden Partners with $TRUMP Team for Official Wallet
Magic Eden partnered with the creators of the Trump-themed memecoin to release a digital wallet tied to the $TRUMP token. The project website promotes it as the first and only wallet for TRUMP supporters, with rewards and a waitlist. However, it is operated by GetTrumpMemes.com and Fight Fight Fight LLC, a firm linked to prior Trump-themed crypto efforts.
BIG NEWS! The Official $TRUMP WALLET is COMING SOON! The First and Only Crypto Wallet for True Trump Fans.
Join the FREE waitlist for a chance to get a share of $1 MILLION IN $TRUMP REWARDS! Go to https://t.co/PVCQ6YXQ5v NOW!
The $TRUMP Wallet is Powered by @magiceden pic.twitter.com/KA26RzjY6m
— Magic Eden 🪄 (@MagicEden) June 3, 2025
Magic Eden’s CEO confirmed the launch and emphasized the platform’s commitment to onboarding mainstream users into the crypto space. The wallet will allow users to trade major cryptocurrencies like Bitcoin, Ethereum, Solana, and the $TRUMP token. It also promises multi-chain access and a user-friendly experience.
Magic Eden did not formalize its clarification of the Trump family’s awareness. The situation gained attention after crypto journalist Molly WHITE flagged the new wallet’s sudden appearance. Meanwhile, public chatter surged around the wallet’s legitimacy and brand alignment.
Trump Family Denies Involvement in the Promoted Wallet
Donald Trump Jr. and Eric Trump publicly distanced themselves from the Magic Eden wallet project via posts on X. Both emphasized that the Trump Organization has no connection to the wallet and revealed plans for their crypto product. They stated that their official wallet will launch through a separate venture called World Liberty Financial.
I run @Trump and I know nothing about this project! @worldlibertyfi $Trump @AmericanBTC https://t.co/AnlQAKDcqf
— Eric Trump (@EricTrump) June 3, 2025
The denials highlighted growing divisions between officially endorsed Trump crypto ventures and independent projects using the Trump brand. Trump’s family members have previously backed World Liberty Financial, which operates a DeFi platform and stablecoin. Their upcoming wallet is expected to be integrated within that ecosystem.
Fight Fight Fight LLC Maintains Silence Amid Rising Scrutiny
Fight Fight Fight LLC, the entity behind the $TRUMP token, did not release a formal statement addressing the wallet confusion. The company reportedly manages the memecoin and now appears tied to the new Magic Eden partnership. It remains unclear whether they received explicit approval from Trump’s family or legal team.
The firm previously organized a private event for large $TRUMP holders, which attracted criticism over potential influence-selling. That backlash had already sparked scrutiny of Trump’s expanding crypto ties before the latest wallet controversy.
The Magic Eden-backed wallet continues to attract interest through its waitlist and $1 million token giveaway. However, its legitimacy remains contested without clear approval from the Trump family.
