Donald Trump Jr., shortly after the Fight Fight Fight “$TRUMP Wallet” announcement posted on X that the Trump Organization had “zero involvement” with the wallet and emphasized that World Liberty Financial was developing an official wallet
News event
Claim
Event date
June 3, 2025
Quotes that support claims
The president’s sons, however, were apparently unaware of these plans, and have been working on their own Trump-branded crypto wallet for months via World Liberty Financial, their Ethereum decentralized finance platform.
While Trump’s sons were distancing themselves from the allegedly unauthorized crypto wallet on social media, lawyers for World Liberty Financial — one of the Trump family-linked crypto ventures, which is currently at work on its own crypto wallet — were, according to Bloomberg, drafting cease-and-desist letters to the two firms responsible for the project: non-fungible token (NFT) marketplace Magic Eden and GetTrumpMemes.com, the website behind the $TRUMP memecoin.
Shortly after the story broke, Donald Trump Jr. posted that "The Trump Organization has zero involvement" with the effort, adding that World Liberty Financial — the supposed DeFi project that lists Trump and his sons as advisors — was working to release an "official wallet soon.'
After the wallet promotions went up, Donald Trump Jr. quickly took to social media to slam it and Eric Trump wrote: “I would be extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.” The Trump-backed World Liberty Financial, has been readying its own wallet, which will let users earn yield on their tokens.
Tags
06/03/2025
Week 23 of 2025
Referenced by
Summary
Crypto news
Data block