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Trump Family Denies Involvement in Magic Eden's $1 Million Crypto Giveaway
Generated by AI AgentCoin World
Tuesday, Jun 3, 2025 3:22 pm ET1min read
The Magic Eden team recently announced a free waitlist for users to win a share of $1 million in $TRUMP, a cryptocurrency associated with the Trump brand. This announcement sparked controversy as the executive vice president of the Trump Organization, Eric Trump, denied any involvement or knowledge of the project. The Trump Organization has not made any official statements regarding the alleged Trump Wallet by Magic Eden, and there has been no promotion from the Trump family's end.
Magic Eden, a significant player in the crypto world, claims that the wallet is the "Official Trump Wallet" created in collaboration with the Trump memecoin team. However, Eric Trump and Donald Trump Jr. have both repudiated the Trump Wallet app, stating that the Trump Organization had no knowledge of the deal between the TRUMP memecoin project and Magic Eden. The Trump memecoin team, Fight Fight Fight LLC, is led by Bill Zanker, and the Trump Organization-affiliated CIC Digital also holds a substantial quantity of tokens.
The situation has raised questions about the authenticity of the project and the involvement of the Trump family. The waitlist website for the Trump Wallet has added a segment reading “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet,” suggesting that Fight Fight Fight LLC is behind it. However, the lack of official promotion from the Trump family and the denials from Eric Trump and Donald Trump Jr. have cast doubt on the legitimacy of the project.
The controversy surrounding the alleged Trump Wallet by Magic Eden highlights the complexities and potential risks associated with cryptocurrency projects, particularly those tied to high-profile brands or individuals. The denials from the Trump family and the lack of official statements from the Trump Organization underscore the importance of transparency and clear communication in the crypto industry. As the situation continues to unfold, it remains to be seen how Magic Eden and the Trump memecoin team will address the concerns and allegations surrounding the project.
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