Key Takeaways:
- Trump’s family publicly disavowed the newly launched $TRUMP Wallet, denying any official involvement.
- Despite the disavowals, the wallet’s promoters claim affiliations with Trump-linked entities and figures like Bill Zanker.
- The confusion adds to a pattern of miscommunication surrounding Trump-branded crypto ventures.
A Trump-branded cryptocurrency wallet has stirred controversy after Donald Trump’s family publicly distanced themselves from it.
On June 3, Magic Eden and the team behind the Official Trump (TRUMP) memecoin announced the launch of the “Official $TRUMP Wallet,” but the Trump family quickly denied involvement.
The Trump Organization has zero involvement with this wallet product. @EricTrump and I know nothing about it. Stay tuned—World Liberty Financial @worldlibertyfi, which we have been working tirelessly on, will be launching our official wallet soon. https://t.co/h1wO7dy6AX
— Donald Trump Jr. (@DonaldJTrumpJr) June 3, 2025
Donald Trump Jr. clarified that the Trump Organization had no role in the initiative and is instead developing a wallet via World Liberty Financial.
Eric Trump and Barron Trump also disavowed the project, with Barron making his first-ever post on X to assert the family’s zero involvement.
To be clear, our family has zero involvement with this wallet. https://t.co/5NE6cZZQlO
— Barron X Spaces (@BarronXSpaces) June 3, 2025
The wallet’s website describes it as “by President Trump,” citing a partnership with GetTrumpMemes.com, operated by Fight Fight Fight LLC.
This entity is partly owned by CIC Digital LLC, which is linked to the Trump Organization and controls a significant share of the TRUMP token supply.
Bill Zanker, a businessman tied to several Trump-affiliated crypto efforts, is also involved, including in a Monopoly-style crypto game.
The launch has been called “absolute chaos” by analyst Molly White, who suggested internal miscommunication.
As of now, Magic Eden, the TRUMP token team, and CEO Jack Lu have not responded publicly.
This follows earlier confusion involving Trump Media’s $2.5 billion crypto fundraising plan.
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