- Trump family denies involvement in Magic Eden’s new $TRUMP Wallet, calling it unauthorized.
- The wallet is linked to Fight Fight Fight LLC and CIC Digital, companies associated with past Trump crypto projects.
- Ongoing confusion highlights internal fractures in Trump’s expanding crypto ecosystem.
The announcement of a so-called “Official $TRUMP Wallet” by Magic Eden and the TRUMP token team on June 3 triggered immediate backlash from the Trump family. Donald Trump Jr. and Eric Trump both denied any affiliation with the wallet, asserting that their official crypto platform, World Liberty Financial, would launch its own wallet soon. Even Barron Trump made his debut on X to distance the family from the product, further fueling confusion about who is really behind it.
Mixed Signals from Trump-Linked Crypto Players
Despite the Trump family’s public denials, the wallet’s website and promo materials still tie it directly to the president. The project is reportedly backed by GetTrumpMemes.com and Fight Fight Fight LLC, which is co-owned by CIC Digital—a firm affiliated with the Trump Organization. Businessman Bill Zanker, who holds a large share of TRUMP tokens and has been involved in past Trump NFT efforts, is also reportedly tied to the rollout.
Ongoing Pattern of Crypto Confusion
This isn’t the first time crypto projects using the Trump name have sparked controversy. Just last month, Trump Media and Technology Group first denied, then confirmed, a $2.5 billion raise to buy Bitcoin.
The wallet debacle only adds to a growing pattern of public contradiction, making it unclear who actually controls what in the Trump crypto empire. As of now, Magic Eden and the TRUMP token team have remained silent about the backlash.
