PANews reported on June 6 that according to Bloomberg, World Liberty Financial, a company owned by the Trump family, has issued a cease and desist letter to Fight Fight, the issuer of the Trump meme coin, opposing its cooperation with Magic Eden to launch a crypto wallet called “$TRUMP Wallet”. Tensions erupted over the layout of Trump-branded crypto assets, especially as both companies are developing similar wallet products to attract Trump supporters. Since its launch in January, the meme coin has generated more than $300 million in revenue for Fight Fight. Trump’s son has publicly dissociated himself from the wallet, and the family’s plan for another wallet is still advancing.
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