Eric Trump announced that the planned launch of a Trump-branded crypto wallet will not happen due to a legal dispute with World Liberty Financial. This decision affects the TRUMP meme coin team, which will cease the wallet's development. The discord arose after World Liberty Financial issued a cease and desist letter to the GetTrumpMemes team prompting the wallet's website to go dark. Despite this setback, Eric Trump emphasized that their focus remains on the TRUMP meme coin, and World Liberty Financial plans to acquire a significant amount of TRUMP for their treasury. This situation follows claims by the Trump family of limited involvement in prior crypto ventures. The Trump family’s activities in cryptocurrency continue to stir controversy, with critics questioning motivations related to President Trump’s pro-crypto stance. The announcement about the wallet was made on June 6, 2025, amidst ongoing discussions about the future of crypto in America.

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