Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch

The announcement of a Donald Trump-branded crypto wallet from the team behind his memecoin has been muddled after the president’s sons disavowed it.

The announcement of a Trump-branded crypto wallet has been labelled “absolute chaos” as a business linked to the Trumps said it would launch a wallet only to have US President Donald Trump’s sons distance themselves from it.

The non-fungible token marketplace Magic Eden and the team behind the president’s memecoin, Official Trump (TRUMP), both said on June 3 that they were linking up to launch “the Official $TRUMP Wallet.”

However, Donald Trump Jr. said that the Trump Organization, which oversees Trump’s sprawling real estate and business interests, “has zero involvement with this wallet product” and that he knows “nothing about it.”

Read more