Trump and Children of the President deny relationship with the Wallet of Token Trump

The Trump Organization And the children of the US president denied the new Wallet linked to Token $ Trump, which generates doubts about this new software for cryptocurrency storage.

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• Magic Eden confirmed his participation, but the Trump Organization And the president’s children deny any relationship.
• The project is linked to the site Gettrumpmemes.com, Behind other memecoins.
• There is the doubt of whether it is a legitimate project or only another initiative that seeks to profit with the name of Trump.

The team behind the Token $ Trump, hand in hand with Nft Magic Eden, announced today “$ Trump Wallet”, A new crypto purse linked to the memecoin of the American president. However, the Trump Organization and the president’s children refused to be related to this initiative.

“The Trump organization knows nothing about this project,” A spokesman for the entity said COINDESK. This statement comes in response to the emergence of a web page where the Wallet is promoted, without technical documentation or launch calendar, but with an open waiting list to the public.

The application promises to allow users to store and trade digital assets, although their proposal lacks concrete technical details and their legitimacy has been questioned by multiple sources.

Magic Eden And the links with Memecoins

Despite the denial by the Trump environment, Jack Lu, CEO of the crypto market Magic Eden, He confirmed in the social network X that his company participates in the project.

According to the Wallet website, development is related to Gettrumpmemes.com, known team for having launched memecoins as $ Trump and $ Melania. These tokens, although promoted under the image of the presidential family, did not have an official guarantee at the time.

The confusion intensified because Donald Trump has shown sympathy towards the crypto ecosystem, especially since his return to politics before the 2024 elections. Among his past initiatives are the Stablcoin project World Liberty Financial and the indirect promotion of memetakens associated with its image, even organizing a dinner with cryptocurrency owners $ Trump.

Trump Jr. and Barron reject the project publicly

Donald Trump Jr. manifested directly on X to make it clear that “The organization has absolutely anything to do with this wallet ”, although he took the opportunity to announce that World Liberty Financial “will soon launch its own digital wallet.”

For his part, Barron Trump, the president’s youngest son, He also publicly denied any link with the wallet in question. These statements seek to cut any association between the presidential family and the developers of $ Trump Wallet.

The Trump family has been a frequent object of attempts to appropriate its brand by third parties in the blockchain ecosystem, taking advantage of its strong media presence and popularity between certain crypto sectors.

While the community expects more clarity about who are really behind $ Trump Wallet, The episode exposes the ease with which known names can be used without consent in high -risk digital initiatives.

This case also puts on the table the need for regulatory frameworks that address the unauthorized use of personal and institutional brands in the Blockchain field, where decentralization is often crossed with misinformation and speculation.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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