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The internal conflict surrounding the Trump family’s cryptocurrency projects has ended. Eric Trump announced that tensions over the memecoin project named after his father have calmed down, and that the family’s controlled World Liberty Financial will purchase a “significant amount” of the memecoin in question.

In a post from his X account, Eric Trump stated that the company behind the Trump memecoin will not continue with the digital wallet project that caused the crisis with World Liberty.

According to a report in Bloomberg News on Thursday, World Liberty Financial, which is partly owned by the Trump family, sent a “cease-and-desist” letter to the organization Fight Fight Fight, expressing opposition to the digital wallet project called “TRUMP Wallet.” According to the allegations, World Liberty is planning to launch its own digital wallet service.

In the statement that ended the tension, Eric Trump stated that World Liberty would buy a significant amount of the Trump memecoin and add it to its own reserves.

Fight Fight Fight, the company that launched the Trump memecoin, is run by longtime President Trump friend and supporter Bill Zanker. Since launching the memecoin in January, the company has generated over $300 million in revenue, according to data analytics firm Chainalysis.

Fight Fight Fight and Trump family affiliate CIC Digital LLC hold 80% of the token supply, with a combined value of around $2 billion, according to CoinMarket

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Cetus Protocol (CETUS) is relaunching with full functionality on June 9, 2025 at 06:00 following a comprehensive recovery plan following the security breach. The protocol has undergone a comprehensive restructuring, based on both community voting and various financial steps, with the aim of restoring user funds and pool balance.

The Cetus team has reclaimed some of the lost assets through on-chain voting and rebalancing these assets. It has also committed $7 million from its treasury to reclaim the missing tokens. Additionally, a $30 million USDC loan was provided from the Sui Foundation.

A compensation plan is being put in place for the protocol’s native token, CETUS. 15% of the total token supply has been set aside as compensation. 5% of this will be vested at launch, with the remaining 10% planned to vest linearly over 12 months.

“Over the last two weeks, our team has been working day and night to address the security incident. We are grateful for the patience and trust shown by our community throughout this process. We are now ready to share the final recovery plan that will restart Cetus Protocol with full functionality,” Cetus said in a statement on Medium.

The attack targeted Cetus CLMM (Concentrated Liquidity Market Maker) pools. The attack used a sophisticated method to exploit a vulnerability in an open-source CLMM library and drain significant amounts of assets from large pools. The attacker executed a large number of on-chain swaps, severely disrupting pool prices and balances.

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