Trump Crypto Feud Heats Up With Cease-and-Desist Letter

Description

World Liberty Financial, which the Trump family has a major stake in, sent the letter to Fight Fight Fight, the company responsible for the memecoin, which is run by the president’s long-time friend and promoter, Bill Zanker.

Authors

Olga Kharif

Publish date

June 5, 2025

Publisher

Bloomberg

Web URL

https://www.bloomberg.com/news/articles/2025-06-05/trump-crypto-feud-heats-up-with-cease-and-desist-letter

Referenced by

WLFI sends cease-and-desist letter to Fight Fight Fight LLC

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News story

The infighting started after Fight Fight Fight announced Tuesday that it is developing “$TRUMP Wallet,” which will let users trade and hold the meme coin and other digital assets. The company is working with the marketplace Magic Eden, which also got the cease-and-desist letter, the people said.

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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.

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