Overview

• Eric Trump declared on X that Magic Eden’s proposed $TRUMP Wallet has no authorization from the Trump family or its organization.
• World Liberty Financial’s legal team has sent cease-and-desist letters to Magic Eden and GetTrumpMemes.com over the use of the Trump name.
• The contested wallet was developed by Magic Eden and GetTrumpMemes.com, which is owned by Trump associate Bill Zanker’s Florida LLC Fight Fight Fight.
• Data from Chainalysis show the $TRUMP memecoin netted its creators $320 million in fees, leaving most retail traders with losses.
• The Trump family’s own crypto wallet is expected to launch soon under its World Liberty Financial venture.