World Liberty Financial sends order of “cessation and desist” against developers of the Trump wallet
At the rate of controversy around the launch of a purse “official” On the part of the Token developers $ Trump, World Liberty Financial, project backed by the family of the US president, pronounced and sent an order of “Cessation and desist” to those responsible for the Wallet in question.
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- World Liberty Financial, signature linked to the Trump family, sent a cessation order and desist to Fight Fight Fight.
- The latter, in alliance with Magic Eden, They are after the development of the Wallet for the Token $ Trump.
- Said purse generated controversy since its announcement, ensuring that it will be the official project wallet.
- The Trump family insists that it is not related to the announced purse or the company that promotes it.
World Liberty Financial, company supported by President Donald Trump’s family, issued an order of “Cessation and desist” Against the company Fight Fight Fightaccusing it of using the Trump brand improperly to develop a new crypto purse.
According to a report published by Bloombergthe legal measure occurs just one day after Fight Fight Fight will announce your intention to launch a digital wallet associated with the figure of the president.
The company, led by businessman Bill Zanker – a close and promoter of Trump for years – had already been involved in the launch of the Memecoin controversy “$ Trump”, which does have the support of the American president.
Confusion and public rejection by the Trump family
The controversy intensified when some reports revealed this week that the firm Fight Fight Fight had hired the company Magic Eden To develop the new Wallet. The latter, known for operating one of the markets NFT larger of the ecosystem, confirmed its participation and authenticated the account @TrumpwalletApp in xwhich was eliminated shortly after.
The reaction of the Trump family did not wait. Donald Trump Jr. published on social networks that “The Trump organization has absolutely no relationship” With that purse, and stressed that World Liberty Financial I was working on a wallet “official”.
Eric and Barron Trump also joined the rejection, publicly distancing the project promoted by Zanker. According to Bloomberg, the same Magic Eden He also received a cessation and desist order from the Trump’s legal team.
Fight Fight Fight It has become known not only for its links with Zanker, but also for having launched the memecoin $ Trump, whose narrative revolves around the figure of the former president. According to data from Chainysis, This Token has generated more than USD $ 300,000,000 in commissions for its operators.
In addition, 80% of the total offer of token $Trump would be in joint hands of Fight Fight FightTy another entity called CIC Digital LLCalso linked to circles near Trump. However, the president himself has shown his support for Token, even celebrating a private dinner among the greatest holders of the Memecoin, which was even attended by the controversial crypto -business Crypto Justin Sun.
World Liberty Financial and crypto businesses “Officers” Trump
World Liberty Financial It represents, according to Bloomberg, The main legitimate incursion of the Trump family in the crypto space. The company was responsible for the launch of its stablecoin USD1, And approximately USD $ 550,000,000 raised in sales of your token WLF.
The firm manages a treasury composed of assets such as WBTC, eth and other cryptocurrencies, and positions Donald Trump as “Main Crypto defender” of the initiative. Among their other activities, World Liberty It also ventures in the maintenance of treasury Bitcoin and mining operations.
The incident with Fight Fight Fight Highlights the tensions between crypto ventures “Not official” that use public figures as a commercial attraction, and the formal efforts of families or entities involved in protecting their corporate image and strategy.
Repercusions in the industry
This conflict could have broader implications in the crypto industry. The unauthorized use of famous names to attract investors and generate liquidity in projects without direct validation can lead to significant legal consequences.
He also raises questions about transparency and accountability in the sector, at a time when digital assets face a greater regulatory emphasis in the United States and other jurisdictions.
For now, the Trump family message seems clear: there is a dividing line between the crypto projects that they officially support and those that operate independently, although they use their name to gain traction.
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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