The digital wallet named Trump has been canceled after internal conflicts

The plan to launch the Donald Trump-branded cryptocurrency wallet has officially been halted following a clash between two projects related to the former U.S. president's family.

According to #EricTrump , the TRUMP meme coin project will not continue to develop the previously announced crypto wallet, after the World Liberty Financial group – another joint venture also backed by the Trump family – sent a cease and desist letter to the wallet development team.

Eric Trump stated that despite the wallet being canceled, #WorldLibertyFinancial will still invest heavily in the TRUMP token as part of a long-term strategic asset. He emphasized the shared vision of both sides to combine crypto with patriotism and long-term orientation.

Earlier, the announcement of the wallet's launch at the beginning of the week sparked controversy as Trump's sons – Eric, Barron, and Donald Trump Jr. – all denied any connection to this product, leading to the immediate removal of the wallet project's website.

Although the issue is seen as temporarily “resolved,” it highlights the complexity and overlap within the Trump family's developing crypto empire. From the 2022 NFT collection to the TRUMP coin and the decentralized financial platform World Liberty, the blockchain sector currently contributes nearly 40% of Trump's total net worth, approximately $2.9 billion.

⚠️ Risk warning: Investing in cryptocurrency can involve significant volatility and may not be suitable for all investors. Please exercise caution when participating in the crypto market. #anhbacong