Eric Trump announced that the planned launch of the Trump-branded crypto wallet will not move forward due to a dispute with World Liberty Financial, which is backed by the Trump family. The decision comes after World Liberty Financial sent a cease and desist letter to the team behind the GetTrumpMemes project. Despite this setback, Eric Trump stated that World Liberty will invest in the TRUMP meme coin for its treasury. He remarked that although the meme wallet is not progressing, the focus remains on building excitement around the TRUMP meme coin. The announcement follows a series of crypto ventures initiated by the Trump family, including the launch of the Official Trump meme coin and the decentralized finance project World Liberty Financial, which have contributed significantly to Donald Trump's wealth. Recent tensions with prominent figures, including Elon Musk, have further complicated the crypto landscape for the Trump family, as both their coins have suffered in value in response to these events. The evolving crypto narrative surrounding the Trumps continues to attract both praise and criticism.

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