Eric Trump has issued a strong warning over the unauthorized use of the Trump family name in connection with the recent launch of “Trump Wallet,” a crypto-related project.
Taking to X (formerly Twitter), he stated that neither he nor any member of the Trump family is involved with the project and threatened legal action against those behind it.
He emphasized that the use of the Trump name and branding was done without permission and that appropriate steps would be taken to protect the family’s identity and reputation.
TrumpWalletApp Account Frozen on X Amid Legitimacy Concerns
Following the public statement, the official account associated with the project—@TrumpWalletApp—was frozen on X, raising further questions about the legitimacy of the wallet and those behind it.
The incident has sparked concerns within the crypto community about the use of high-profile names to market digital assets without proper authorization.
This episode highlights ongoing issues in the crypto space, where branding and celebrity associations are often used to build hype, sometimes misleading investors.
Eric Trump’s swift response suggests a zero-tolerance approach to any exploitation of the Trump brand.
As regulatory scrutiny intensifies globally, this case serves as a reminder of the risks tied to unauthorized endorsements in the fast-evolving digital asset ecosystem.
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Magic Eden Partnership Fuels Controversy Over Trump-Themed Crypto Wallet
The controversy surrounding the Trump Wallet escalated after popular NFT marketplace Magic Eden partnered with the team behind the Trump-themed memecoin, $TRUMP, to launch an official cryptocurrency wallet.
The collaboration aimed to provide a dedicated platform for $TRUMP holders and memecoin enthusiasts, capitalizing on the rising popularity of politically themed crypto assets.
However, the initiative quickly drew backlash when Eric Trump publicly denied any involvement by the Trump family and threatened legal action over the unauthorized use of the Trump name and branding.
The situation has raised concerns about the blurred lines between parody, political branding, and unauthorized endorsements in the crypto space.
While Magic Eden has yet to comment on the legal threat, the partnership has put the platform under scrutiny.
The incident underscores the need for clear guidelines around intellectual property and branding in the crypto industry, particularly when high-profile public figures are invoked.
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Donald Trump Jr. Joins Eric in Disavowing Trump Wallet Project
The Trump Wallet project has also come under scrutiny from Donald Trump Jr., who, like his brother Eric, distanced himself from the initiative.
He expressed concern over the unauthorized use of the Trump family name and branding, making it clear that the family had no involvement in the creation or promotion of the wallet or the associated $TRUMP memecoin.
His reaction adds to growing doubts about the project’s legitimacy and raises questions about potential legal consequences.
The public disapproval from multiple Trump family members highlights the risks of using high-profile names without consent in crypto marketing.
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