Trump-Branded Crypto Wallet Sparks Controversy, Trump Family Denies Involvement

Benzinga

A cryptocurrency wallet promoted as "The First and Only Crypto Wallet for True Trump Fans" is under scrutiny after Donald Trump Jr. and Eric Trump publicly denied any connection to the project. The Trump-branded crypto wallet gained attention on X after promotion by Magic Eden. The wallet promised a $1 million TRUMP token reward and support for major cryptocurrencies like Bitcoin, Ethereum, and Solana. It also featured a wallet balance of $1,776, symbolic of U.S. independence. Both President Trump and his sons disavowed the project on X. The TRUMP token price briefly surged after the wallet’s debut but dropped quickly following public denials from Trump Jr. and Eric Trump.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Cryptocurrency wallet promoted as the first and only crypto wallet for true Trump fans

00:06is under scrutiny after Donald Trump Jr. and Eric Trump publicly denied any connection to the project.

00:12The Trump-rended crypto wallet gained attention on X after promotion by Magic Eden.

00:16The wallet promised a $1 million Trump token reward and support for major cryptocurrencies

00:21like Bitcoin, Ethereum, and Solana.

00:24It also featured a wallet balance of $1,770.

00:26For all things money, visit Benzinga.com slash GSTV.

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