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The Trump Sons Deny Any Involvement In The Launch Of This Crypto Wallet Project

The Trump Sons Deny Any Involvement In The Launch Of This Crypto Wallet Project

CointribuneCointribune2025/06/05 02:08
By:Cointribune

The Trump family continues to shake up the crypto world with projects as publicized as they are controversial. The latest: a Trump-branded crypto wallet, in partnership with Magic Eden, which offers an avalanche of rewards to its users. Yet, while the public rushes to sign up, the Trump sons are distancing themselves. Donald Jr., Eric, and Barron insist they are not behind the initiative. A new crypto saga begins.

The Trump Sons Deny Any Involvement In The Launch Of This Crypto Wallet Project image 0 The Trump Sons Deny Any Involvement In The Launch Of This Crypto Wallet Project image 1

In Brief

  • The Trump Wallet promises one million dollars in crypto via referrals and progressive rewards.
  • Magic Eden leads this project launched without official approval from Trump heirs or the organization.
  • The Trump sons deny any participation, causing confusion among crypto enthusiasts.

A Trump Wallet with Jackpot Vibes: Marketing and Flood of Dollars

Presented as the “first and only crypto wallet for true Trump fans“, this digital wallet aims to make a big impact. Developed in collaboration with Magic Eden, a giant in the NFT market, and powered by the technology of the Slingshot platform, the Trump Wallet is based on the Solana blockchain. Its mobile interface gives access to the $TRUMP token, but also to other digital assets like Bitcoin.

Users can sign up on Trumpwallet.com. The site offers crypto rewards worth 1 million dollars, distributed via a referral system and “TRUMP Boxes.” By reaching certain milestones, participants gain access to drawings with a grand prize of 100,000 $ in $TRUMP tokens, scheduled for July 4.

This project relies on clever marketing, mixing patriotism, exclusivity, and promises of massive gains. The strategy clearly aims to capture a pro-Trump crypto enthusiast audience. Magic Eden, which had already collaborated with the family for a collection of NFT Ordinals, hopes to thus expand its base beyond the traditional NFT market.

Family Denials and Suspicions in the Crypto Ecosystem

Hardly had the crypto wallet been launched when the Trump sons denied any involvement. Donald Trump Jr. wrote:

The Trump Organization has zero involvement with this wallet product.

Eric Trump is even more direct :

I run @Trump and I know nothing about this project!

Barron Trump, in his first message on X , states:

To be clear, our family has zero involvement with this wallet.

These messages sow doubt in the crypto community. While some see a attempt to exploit the Trump brand, others speak of a dubious marketing maneuver. The fact that the project is promoted by an account tied to the meme coin $TRUMP, while being disavowed by the direct heirs, fuels speculation.

Key figures and facts to remember:

  • The total value of rewards amounts to 1 million dollars in $TRUMP tokens;
  • The July 4 drawing promises a unique prize of $100,000;
  • Each referral increases the chances to win a “TRUMP Box”;
  • The project is powered by Slingshot, an app acquired by Magic Eden;
  • The promotional site currently requires no declared KYC.

This ambiguity fuels mistrust, especially in a sector already marked by many scams. Meanwhile, the Trump family is preparing another crypto wallet, called World Liberty Financial, presented as the only official project.

Recently, another matter reignited tensions: the rumor that Trump Media wanted to raise 3 billion dollars to invest in Bitcoin. Deemed a pure fabrication by the Trump teams, this announcement confirms that the alliance between a political name and crypto remains a media powder keg.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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