Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Trump wallet saga escalates as family pursues legal action
Share
  • bitcoinBitcoin(BTC)$105,903.71
  • ethereumEthereum(ETH)$2,523.38
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.18
  • binancecoinBNB(BNB)$653.82
  • solanaSolana(SOL)$151.43
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.184863
  • tronTRON(TRX)$0.284301
  • cardanoCardano(ADA)$0.67
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Trump wallet saga escalates as family pursues legal action
Crypto

Trump wallet saga escalates as family pursues legal action

admin
Last updated: 06/06/2025 3:42 Chiều
admin
Published 06/06/2025
Share


The ongoing controversy involving the Trump family and a recently launched crypto wallet is heating up, with legal action now underway.

World Liberty Financial (WLFI), the DeFi venture backed by Donald Trump and his family, has issued a cease-and-desist letter to creators of the controversial wallet tied to the president’s crypto brand, according to a June 5 Bloomberg report.

The letter was addressed to Fight Fight Fight LLC, the firm behind Trump-themed memecoin issuer ‘GetTrumpMemes.’ Earlier this week, the company announced the wallet launch in partnership with crypto service provider Magic Eden. 

WLFI’s legal move follows a series of public denunciations by the president’s sons. On June 3, both Eric Trump and Donald Trump Jr. took to X (formerly Twitter), asserting that the wallet was not endorsed by the family and calling out the project’s use of the Trump name without consent.

“This project is not authorized by @Trump. The Trump Organization has zero involvement with this wallet product,” the brothers wrote.

Following the cease-and-desist, the wallet’s official website, TrumpWallet.com, which had been accepting sign-ups for a waitlist, has gone offline. However, promotional content from both GetTrumpMemes and Magic Eden remains live on their respective social media accounts. 

Interestingly, Gettrumpmemes had maintained a cordial relationship with the Trump family and was even present at the recent exclusive dinner hosted by the president for his token’s top holders. The official memecoin website also suggests the firm is an affiliate of the Trump Organization, sharing ownership of 80% of the Trump cards supply.

The ongoing dispute adds another layer of uncertainty to the Trump family’s involvement in crypto ventures, which has already come under the scrutiny of lawmakers and the broader public. While Donald Trump’s “crypto president” image has earned him popularity in the industry, questions persist about whether many of the initiatives tied to his name are genuine value-driven projects or just profit-driven schemes.

You Might Also Like

The gateway to mainstream crypto in 2025

What are crypto wallets? The ultimate guide for 2025

Fed Beige Book flags modest decline in activity, stable labor market

AEON launches AI Payment for autonomous crypto payments in real-world and online commerce

Here’s why ZORA crypto rallied over 40% today

TAGGED:actionescalatesfamilylegalpursuessagaTrumpwallet

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Ripple, XRP could gain from $421 million institutional boost
Next Article US DOJ moves to seize $7.7m in crypto linked to North Korean IT infiltration scheme
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
Solana indicators point north, bulls test $165 target
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?