The internal conflict surrounding the Trump family’s cryptocurrency project has ended. Eric Trump announced tensions over the Memocoin project, named after his father settled down, and announced that Liberty Financial, a world managed by his family, will be purchasing the “substantial amount” of Memocoin in question.
In a post from his X account, Eric Trump said the company behind Trump’s memo coin would not continue the digital wallet project that caused a crisis with global freedom.
According to a Bloomberg News report on Thursday, World Liberty Financial, partially owned by the Trump family, has expressed opposition to a digital wallet project called the “Trump Wallet,” and has sent a “stop” letter to the organization’s battle battle. According to the allegations, World Liberty plans to launch its own digital wallet service.
In a statement that ended the tension, Eric Trump said that world freedom would buy a substantial amount of Trump Memocoin and add it to his own reserves.
Fight Fight, the company that launched Trump Memocoin, is run by longtime Trump friend and supporter Bill Zanker. According to Data Analytics Firm Chainalysis, since launching Memecoin in January, it has generated more than $300 million in revenue.
Fight Fight Fight and Trump Family Affiliate CIC Digital LLC hold 80% of the token supply, worth around $2 billion, according to CoinmarketCap.
*This is not investment advice.
