WLFi Issues Cease and Desist Letter to Fight Fight Fight Against Launching "$TRUMP Wallet" in Collaboration with Magic Eden
PANews reported on June 6 that, according to Bloomberg, World Liberty Financial, a company owned by the Trump family, has issued a cease and desist letter to Fight Fight, the issuer of the Trump meme coin, opposing its cooperation with Magic Eden to launch a crypto wallet called "$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.