Trump Memecoin Wallet in ‘Absolute Chaos’ as Family Denies Involvement
A newly announced Trump-branded crypto wallet has triggered a storm of confusion and public denial from former U.S. President Donald Trump’s family. What was marketed as the “Official $TRUMP Wallet” now appears to be an unauthorized product, disavowed by the Trump Organization.
❌ Trump Family Denies Link to Crypto Wallet
On June 3, Magic Eden and the team behind the TRUMP memecoin claimed they were launching the “Official $TRUMP Wallet.” But within hours, Donald Trump Jr., Eric Trump, and even Barron Trump publicly distanced themselves from the product.
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Donald Trump Jr. said the Trump Organization has “zero involvement” in the wallet and knows “nothing about it.”
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He added the family’s World Liberty Financial will soon launch their official crypto wallet.
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Eric Trump warned Magic Eden to “be extremely careful” about using the Trump name without authorization.
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Barron Trump, in his first public X post, also stated the family has no involvement in the wallet project.
🔍 Confusion Over Ownership and Authorship
Despite the denials, the Trump Wallet website continues to claim it is “by President Trump,” stating Magic Eden partnered with GetTrumpMemes.com for the rollout. It’s owned by Fight Fight Fight LLC, a company partially co-owned by CIC Digital LLC, an entity affiliated with the Trump Organization.
Documents list Bill Zanker — a known Trump associate and memecoin backer — as a key figure behind the project. Zanker is involved in several Trump-themed crypto ventures, including:
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TRUMP memecoin
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Trump NFTs
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A Monopoly-style blockchain game
Crypto analyst Molly White described the situation as “absolute chaos,” suggesting a breakdown between competing Trump-linked crypto ventures.
🤯 Not the First Crypto Confusion
This isn’t the first time the Trump name has sparked crypto confusion:
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Trump Media and Technology Group initially denied a $3 billion crypto investment plan in May, only to confirm a $2.5 billion raise for Bitcoin acquisition days later.
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The Trump brand is now tied to NFTs, memecoins, and multiple wallet projects, often with unclear coordination or oversight.
🔐 What’s Next?
As Trump-affiliated crypto ventures grow, so does the risk of brand dilution and legal conflict. The Trump family is now working on launching their own official wallet, which may further compete with the TRUMP token team’s efforts.
Until clarity emerges, investors and supporters are urged to verify authenticity before participating in Trump-branded crypto products.
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