The family of the president of the United States, Donald Trump, has allegedly sent a cessation letter and desist to two entities behind an upcoming cryptographic wallet of the Trump brand, and already very disputed, according to a report on Thursday by Bloomberg.
From the announcement of the so -called $ Trump (called for the president’s homonym memecoin) earlier this week, Trump’s three children, Don Jr., Eric and Barron, have publicly repudiated the project, saying that neither the Trump family nor its signature, the Trump organization, are connected or otherwise authorized the $ Trump wallet.
“This project is not authorized by @trump,” Eric Trump wrote in an X publication. “It would be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.”
While Trump’s children were distancing themselves from the supposedly unauthorized cryptographic wallet on social networks, the lawyers of World Liberty Financial: one of the cryptocurrencies linked to Trump’s family, which is currently at work of its own cryptographic wallet, according to Bloomberg, the market of cease and discouragement cards to the two companies responsible for the project (NFT). The website behind the Trump memecoin. Bill Zanker, a Trump associate for a long time, has Gettrumpmemes.com through its Florida LLC, Fight Fight Fight.
According to the data firm of Blockchain Chainnysis analysis, the creators of the $ Trump memecoin obtained $ 320 million in rates, while most retail merchants lost money.
Although the Trump family has worked with Zanker and his companies in Crypto Ventures before, including four of Trump NFT launches before his re -election and the recent and controversial dinner for the main headlines of the memecoin of $ Trump, the decades ratio seems to have been cracked.
COINDESK contacted Magic Eden, the Trump and World Libertial Financial organization to comment.
