ERIC TRUMP TO MAGIC EDEN:'BE EXTREMELY CAREFUL USING OUR NAME'!
Eric Trump has indeed warned Magic Eden to "be extremely careful using our name" in a project that hasn't been approved by the Trump Organization. This comes after Magic Eden announced a Trump-branded crypto wallet, which the Trump family quickly disavowed.
The Controversy:
- Magic Eden launched a crypto wallet called "Trump Wallet" in partnership with the team behind the $TRUMP memecoin, promoting it as the "first and only crypto wallet for true Trump fans".
- The wallet's website offered a $1 million prize pool in $TRUMP rewards through a referral-based promotion.
- However, Eric Trump and Donald Trump Jr. swiftly denied any involvement with the project, stating that it was not authorized by the Trump Organization .
Potential Consequences:
- Eric Trump has threatened to take legal action against Magic Eden for using the Trump name without approval.
- The Trump family is reportedly working on their own official crypto wallet through World Liberty Financial, which may further complicate the situation.
- The controversy has sparked confusion among users, with many struggling to differentiate between the official and unofficial projects .#MarketPullback #CUDISBinanceTGE #TrumpVsMusk #TRUMP $TRUMP