Trumps Deny Magic Eden’s “Official TRUMP Wallet” Plan

The post Trumps Deny Magic Eden’s “Official TRUMP Wallet” Plan appeared on BitcoinEthereumNews.com. Magic Eden announced an official TRUMP Wallet in collaboration with the TRUMP meme coin team. The wallet was promptly disavowed by Trump’s sons and branded unauthorized by the family. Magic Eden told Eleanor Terrett that the wallet has Trump’s backing and will carry the family’s name and IP.  The launch of a Trump-branded cryptocurrency wallet, dubbed the “Official TRUMP Wallet,” has unleashed a storm of confusion, finger-pointing, and legal threats, exposing deep fractures in the Trump family’s increasingly chaotic crypto empire. On June 3, Magic Eden, a prominent NFT marketplace, announced its partnership with the team behind the TRUMP meme coin to develop and promote a self-custodial crypto wallet carrying US President Donald Trump’s name and image.  The wallet promises to support the trading of TRUMP tokens, Bitcoin, and other digital assets. It also comes with a gamified waitlist offering users the chance to earn a slice of $1 million in TRUMP token rewards. While Trump family members have distanced themselves from the project, Magic Eden has a different claim. Trump Family Distances from Wallet Rumors The announcement, posted across social media and the TrumpMeme X account, quickly drew attention–but not for the reasons its creators may have hoped. Within hours, multiple Trump family members, including Donald Trump Jr., Eric Trump, and even Barron Trump, publicly disavowed any affiliation with the wallet. “This wallet is not authorized by Trump,” Eric Trump posted, warning Magic Eden to “be extremely careful” using the family’s name on an unapproved product. Related: NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade Donald Jr. echoed the sentiment, stating the Trump Organization had “zero involvement” and that their own crypto platform, World Liberty Financial, would be launching an “official wallet soon.” The backlash intensified speculation over the true ownership and legitimacy of the TRUMP Wallet. According…

Jun 5, 2025 - 00:00
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Trumps Deny Magic Eden’s “Official TRUMP Wallet” Plan

The post Trumps Deny Magic Eden’s “Official TRUMP Wallet” Plan appeared on BitcoinEthereumNews.com.

Magic Eden announced an official TRUMP Wallet in collaboration with the TRUMP meme coin team. The wallet was promptly disavowed by Trump’s sons and branded unauthorized by the family. Magic Eden told Eleanor Terrett that the wallet has Trump’s backing and will carry the family’s name and IP.  The launch of a Trump-branded cryptocurrency wallet, dubbed the “Official TRUMP Wallet,” has unleashed a storm of confusion, finger-pointing, and legal threats, exposing deep fractures in the Trump family’s increasingly chaotic crypto empire. On June 3, Magic Eden, a prominent NFT marketplace, announced its partnership with the team behind the TRUMP meme coin to develop and promote a self-custodial crypto wallet carrying US President Donald Trump’s name and image.  The wallet promises to support the trading of TRUMP tokens, Bitcoin, and other digital assets. It also comes with a gamified waitlist offering users the chance to earn a slice of $1 million in TRUMP token rewards. While Trump family members have distanced themselves from the project, Magic Eden has a different claim. Trump Family Distances from Wallet Rumors The announcement, posted across social media and the TrumpMeme X account, quickly drew attention–but not for the reasons its creators may have hoped. Within hours, multiple Trump family members, including Donald Trump Jr., Eric Trump, and even Barron Trump, publicly disavowed any affiliation with the wallet. “This wallet is not authorized by Trump,” Eric Trump posted, warning Magic Eden to “be extremely careful” using the family’s name on an unapproved product. Related: NFT Marketplace Magic Eden Temporarily Halts Bitcoin BRC-20 Trade Donald Jr. echoed the sentiment, stating the Trump Organization had “zero involvement” and that their own crypto platform, World Liberty Financial, would be launching an “official wallet soon.” The backlash intensified speculation over the true ownership and legitimacy of the TRUMP Wallet. According…

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