$TRUMP Donald Trump and his family sent cease-and-desist legal notices to Fight Fight Fight LLC and the NFT marketplace Magic Eden for using Trump's name in the cryptocurrency wallet promoted as the 'official Wallet'. These notices were sent through World Liberty Financial (WLF), partially owned by the Trump family.

Interestingly, despite the legal disputes, the token's value continues to rise. Recently, it increased by 52% following the announcement of a special dinner with the president for the 220 largest token holders. However, analysts warn of the high concentration of tokens among the founders and potential risks for investors.

This situation raises serious questions about the intersection of politics and cryptocurrency. On one hand, President Trump is actively involved in cryptocurrency initiatives, on the other hand, his family is taking legal action against projects using his name without permission. This highlights the complexity of regulation and ethical dilemmas in the rapidly evolving world of digital assets. $BTC $ETH