- Magic Eden announced an official TRUMP Wallet in collaboration with the TRUMP meme coin team.
- The wallet was promptly disavowed by Trump’s sons and branded unauthorized by the family.
- Magic Eden told Eleanor Terrett that the wallet has Trump’s backing and will carry the family’s name and IP.
The launch of a Trump-branded cryptocurrency wallet, dubbed the “Official TRUMP Wallet,” has unleashed a storm of confusion, finger-pointing, and legal threats, exposing deep fractures in the Trump family’s increasingly chaotic crypto empire.
On June 3, Magic Eden, a prominent NFT marketplace, announced its partnership with the team behind the TRUMP meme coin to develop and promote a self-custodial crypto wallet carrying US President Donald Trump’s name and image.
The wallet promises to support the trading of TRUMP tokens, Bitcoin, and other digital assets. It also comes with a gamified waitlist offering users the chance to earn a slice of $1 million in TRUMP token rewards.
While Trump family members have distanced themselves from the project, Magic Eden has a different claim.
Trump Family Distances from Wallet Rumors
The announcement, posted across social media and the TrumpMeme X account, quickly drew attention–but not for the reasons its creators may have hoped. Within hours, multiple Trump family members, including Donald Trump Jr. , Eric Trump , and even Barron Trump, publicly disavowed any affiliation with the wallet.
“This wallet is not authorized by Trump,” Eric Trump posted, warning Magic Eden to “be extremely careful” using the family’s name on an unapproved product.
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Donald Jr. echoed the sentiment, stating the Trump Organization had “zero involvement” and that their own crypto platform, World Liberty Financial, would be launching an “official wallet soon.”
The backlash intensified speculation over the true ownership and legitimacy of the TRUMP Wallet. According to the project’s website, Magic Eden partnered with GetTrumpMemes.com–a site owned by Fight Fight Fight LLC. This LLC is co-owned by CIC Digital LLC, a company affiliated with the Trump Organization, and together they hold a controlling share of the TRUMP token supply.
Magic Eden Clears the Air
When reached for clarification by former FOX Business journalist Eleanor Terrett, Magic Eden said that it had officially partnered with Trump and the wallet will carry the name and the IP of the family.
Critics like crypto analyst Molly White labeled the unfolding drama “absolute chaos,” noting the glaring communication breakdown between the Trump family’s disparate crypto initiatives.
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That dysfunction was further highlighted when Trump Media and Technology Group initially denied, then confirmed, a $2.5 billion capital raise for Bitcoin investment just days earlier.
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