Eric Trump Denies Tron-Nasdaq Deal Involvement—Despite Sitting on Board
Another day, another crypto controversy—this time with a side of political dynasty. Eric Trump insists he''s got nothing to do with Tron''s rumored Nasdaq play, despite his cushy board seat. Cue the collective eye-roll from Wall Street.
The Denial Heard ''Round Crypto Twitter
No press release, no carefully worded statement—just a straight-up denial that''d make his father proud. Meanwhile, Tron''s price does the usual ''pump-and-yawn'' routine. Because nothing says ''legitimate finance'' like a Trump adjacent to a blockchain project, right?
Nasdaq''s Reputation on the Line?
If this deal goes through, it''ll either be a masterstroke of mainstream adoption or a case study in ''how not to legitimize crypto.'' Either way, grab the popcorn—and maybe short some TRX while you''re at it.
The Trump connection
Sun''s relationship with the Trumps has grown steadily.
In addition to attending a private dinner for Trump’s meme coin and acquiring a $75 million stake in World Liberty Financial, Sun is the largest holder of the $TRUMP token.
Following his investment in World Liberty Financial, the U.S. Securities and Exchange Commission paused an investigation into TRON and Sun that had been ongoing since 2023. It had accused Sun and his companies of market manipulation and selling unregistered securities.
Meanwhile, Trump''s family continues to leverage its political clout to profit from the crypto industry. Donald Trump’s crypto income has soared.
Disclosure filings released last Friday revealed that he earned $58 million from crypto ventures in 2024, primarily from WLFI token sales.
That figure was second only to his hospitality income, though crypto is expected to surpass it in 2025, fueled by a $390 million token sale and gains from his meme coin launched in January.
Dominari Securities and tron have been contacted for comment.
Edited by Sebastian Sinclair
