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Trumpworld Is Fighting Over ‘Official’ Crypto Wallet
The President's sons are feuding with the organization behind the Trump memecoin, as both parties claim to be involved in launching Trump-affiliated crypto wallets.
Meanwhile, though World Liberty Financial has sought to underline its independence from Donald Trump’s political affairs—“We’re a private company having private-sector conversations,” wrote World Liberty Financial cofounder Zak Folkman in a recent statement —the wallet dispute has underscored its entanglement with the president’s family brand. In cryptoland, confusion reigns: “Not really sure what’s real and what’s not,” says Tom, the pseudonymous leader of peer-to-peer crypto exchange Raydium. “In crypto, it’s far too easy to spin up scams masquerading as innovation,” alleges Klippsten, “especially when you can hijack a brand and pump a token before anyone asks who’s behind it.”
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