Trump's "Official $TRUMP Wallet" triggers collective denial and legal turmoil among Trump family members

The recently launched crypto project "Official $TRUMP Wallet" has attracted widespread attention in the cryptocurrency community. However, the project quickly fell into controversy, and members of the Trump family collectively denied any connection with it.

Donald Trump's two sons, Donald Trump Jr. and Eric Trump, have publicly stated that the family was not involved in the development or promotion of the wallet. Eric even said that he plans to file a lawsuit against the project. At the same time, Trump's youngest son Barron Trump also said on social media: "Our family has nothing to do with this."

According to reports, the wallet project is led by Bill Zanker, Trump's long-term business partner. He helped launch Trump NFT trading cards in 2022 and advised on his meme coin $TRUMP project. However, the launch of the "Official $TRUMP Wallet" was not authorized by any member of the Trump family.

It is worth mentioning that the complex relationship between the project and World Liberty Financial (WLFI) has also raised questions. WLFI is a financial platform founded and supported by Trump's children. It is currently expanding Web3 and crypto-asset related services. Since the "Official $TRUMP Wallet" is suspected of using the "Liberty" brand name to conduct commercial activities without official permission, it is generally believed that there are brand abuse and potential conflicts of interest.

In response, World Liberty Financial has issued a statement explicitly denying any partnership with Bill Zanker or his company, and through a lawyer, it said that it is evaluating the possibility of taking further legal action. WLFI emphasized that its project operates independently and any association with the "Official $TRUMP Wallet" is misleading.

At present, the real controller of the wallet project is still not completely clear. As Trump and his family have clearly drawn a line between themselves and the project, the subsequent legal direction and its impact on the Trump brand and Web3 ecosystem remain to be seen.