On June 3rd, the cryptocurrency community was buzzing with information suggesting that President Donald Trump is about to launch an official crypto wallet. The source of the information came from a website called "TRUMP Wallet", introducing it as the first and only crypto wallet of the US President, developed by the Non-Fungible Token trading platform Magic Eden in collaboration with the TRUMP memecoin project.
However, the Trump Organization quickly issued an official statement denying any connection to this wallet project. Representatives of the President's family, including Eric Trump and Donald Trump Jr., completely denied knowing about the existence of the aforementioned crypto wallet product, and emphasized that this is not a licensed or affiliated product with any official organization of President Trump.
According to confirmation from Magic Eden, they are directly collaborating with the TRUMP memecoin development team, not working with any organization or individual from the Trump family.
Notably, while the community is discussing the "TRUMP Wallet", Eric Trump and Donald Trump Jr. are actually involved in another project called World Liberty Fi - where they are truly involved and developing a separate crypto wallet. This project is advertised as a platform aimed at financial freedom, with integrated cryptocurrency wallet features serving their long-term goals in blockchain and Web3.
