Trump Crypto in Trouble? How Meme Coin and Wallet Removed After Legal Threat

The Trump Crypto Wallet website went offline on Thursday after facing a legal challenge. A cease and desist letter sparked this sudden disruption. The digital wallet, tied to the Trump Crypto meme coin project, faced backlash from President Donald Trump’s family.

Family Feud Erupts Over Trump Crypto Wallet

The Trump Crypto initiative launched a new wallet through a partnership with NFT platform Magic Eden. This wallet offered users the ability to trade various tokens across blockchains. Additionally, it promoted rewards through TRUMP tokens for early waitlist registrations.

 

In contrast, Trump’s sons had spent months developing a separate Trump-branded wallet. Their crypto platform, World Liberty Financial, operates on the Ethereum blockchain. The family-affiliated wallet aimed to build a regulated and exclusive ecosystem.

Tensions escalated quickly after the Trump Crypto wallet debuted without approval from the president’s sons. They publicly rejected any association with the branding. Consequently, their platform sent cease and desist letters to Magic Eden and Fight, Fight, Fight LLC.

Cease and Desist Targets Trump Crypto Backers

The cease-and-desist letter was issued by World Liberty Financial, the platform linked to the Trump family. It challenged Fight, Fight, Fight LLC, led by Trump associate Bill Zanker, over brand misuse and addressed Magic Eden, the digital marketplace partner.

 

This legal move followed public objections from the Trump family on social media. Trump’s sons emphasized they did not approve any aspect of Zanker’s project. Their public stance marked a clear division in the broader Trump Crypto landscape.

Soon after the legal warning, the Trump Crypto Wallet website became inaccessible. Users reported outages from various global IPs. While the site went dark, the project’s X account remained active at the time.

Online Presence Disrupted After Legal Warning

The Trump Crypto Wallet had launched with aggressive marketing across digital platforms. Promises of token-based incentives drew attention from crypto enthusiasts. However, this buzz quickly turned to confusion after the legal dispute emerged.

As of Thursday evening, attempts to access the wallet’s website failed across multiple locations. The site remained down for hours, raising questions about its future. Although the project’s social account stayed online, its activity declined noticeably.

Following the disruption, Zanker, Magic Eden, and World Liberty have not officially released statements, leaving users uncertain about the Trump Crypto Wallet’s status.

FAQs

What is the Trump Crypto Wallet?

The Trump Crypto Wallet is a digital asset wallet tied to a meme coin project using Donald Trump’s likeness for branding.

Why did the Trump Crypto Wallet go offline?

The website went down after World Liberty Financial, which is linked to Trump’s sons, sent a cease-and-desist letter.

Who operates the Trump Crypto Wallet?

Bill Zanker operates it under Fight, Fight, Fight LLC, not by Donald Trump’s family directly.

What is World Liberty Financial?

World Liberty Financial is a decentralized finance platform managed by Trump’s sons on Ethereum.

Has Donald Trump made any public comment?

Donald Trump has not commented on the situation involving the Trump Crypto Wallet or the ongoing dispute.

Glossary of Key Terms

Trump Crypto: A meme-based cryptocurrency project using Donald Trump’s name and image.

TRUMP Tokens: Tokens associated with the Trump Crypto project, used for rewards and trading.

Crypto Wallet: A digital tool that stores private keys for cryptocurrency transactions and access.

Magic Eden: An NFT marketplace involved in launching the Trump Crypto Wallet.

Cease and Desist: A legal letter demanding a party stop alleged unauthorized or illegal activity.

Ethereum: A blockchain network that supports decentralized finance platforms like World Liberty Financial.

NFT: Non-fungible token, a type of digital asset verified on the blockchain.

Blockchain: A decentralized digital ledger used in cryptocurrency and related technologies.

IP Address: Internet protocol address used to identify devices online.

Decentralized Finance (DeFi): A financial system built on blockchain networks without traditional intermediaries.

References: 

Bloomberg

TheBlock

Cointelegraph

 

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