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The New York Times: Eric Trump says he may take legal action against the launch of the "Official TRUMP Wallet"

2025-06-04 03:19

Odaily News According to the New York Times, Donald Trump Jr., the eldest son of Trump and co-founder of WLFI, said in a statement that the newly launched TRUMP wallet on the market has nothing to do with the Trump Group, and WLFI will launch an official wallet. Eric Trump, the second son of Trump, said he was "completely unaware" of the matter. And Trump's youngest son, Byron Trump, also rarely spoke on social media, saying that "our family is not involved at all." The reaction of Trump's sons to the announcement seemed to expose the cracks in the Trump family's expanding cryptocurrency business network, a complex business system operated by multiple family members and colleagues, who now seem to be competing with each other.
On one side is Bill Zanker, Trump’s long-time business partner and the man behind the TRUMP Meme coin. On the other side are Trump’s sons, who founded an independent cryptocurrency company, World Liberty Financial, and launched their own digital currency, which has raised $550 million so far.
Eric Trump says the Trump family will take legal action against the launch of the "Official TRUMP Wallet," even though it is being promoted by social media accounts associated with Bill Zanker. Eric Trump says "no agreement or approval has been made for this product."
Bill Zanker did not respond to a request for comment. But the official TRUMP Meme X (original Twitter) account posted a post late Tuesday confirming the authenticity of the wallet release. A similar statement also appeared on Magic Eden's official X account.
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