Complete News, Your Way.
Published loading...Updated

WLFI Issues Cease and Desist Notice to Creators of ‘Official Trump Wallet’

  • World Liberty Financial issued a cease-and-desist letter on June 5, 2025, to Fight Fight Fight LLC over an unauthorized Trump-branded crypto wallet online.
  • The cease-and-desist followed Donald Trump Jr.'s June 3 public disavowal of the wallet, as WLFI and the Trump Organization stated they were not involved.
  • Fight Fight Fight LLC launched the wallet with NFT marketplace Magic Eden, but the website went dark after the cease-and-desist and TRUMP token prices dropped suddenly.
  • WLFI plans an official Trump Wallet, with Trump Jr. Calling unauthorized projects "misleading," while Eric Trump warned of legal action, reflecting tensions over brand misuse.
  • This dispute highlights complex political and market risks in crypto involving Trump's brand, prompting investor caution and potential regulatory scrutiny over politically-affiliated digital assets.
Insights by Ground AI
Does this summary seem wrong?

31 Articles

All
Left
Center
2
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Developpez.com broke the news in on Wednesday, June 4, 2025.
Sources are mostly out of (0)