EddieJayonCrypto

 5 Jun 25

tl;dr

World Liberty Financial (WLFI), a crypto venture linked to Donald Trump and his family, issued a cease-and-desist letter to Fight Fight Fight LLC, creators of an unauthorized "Official Trump Wallet" crypto product. The wallet was promoted by the company alongside Magic Eden without WLFI's or the Tru...

World Liberty Financial (WLFI), a crypto venture reportedly connected to Donald Trump and his family, recently took legal action against Fight Fight Fight LLC, the creators of an unauthorized "Official Trump Wallet" crypto product. The wallet, which was being promoted in partnership with Magic Eden, was not authorized by WLFI or the Trump Organization. Donald Trump Jr., who serves as WLFI’s Web3 ambassador, publicly disavowed any involvement with the unauthorized wallet. This move underscores the growing tensions between official and unofficial Trump-branded projects in the Web3 space.

WLFI is currently working on establishing its presence in the crypto world through initiatives such as the creation of a USD1 stablecoin and offering exclusive perks to $TRUMP token holders. The cease-and-desist letter issued to Fight Fight Fight LLC suggests that WLFI is serious about protecting its brand and intellectual property rights.

Lawmakers have raised concerns about the intersection of Trump’s political activities with his involvement in the crypto industry. They worry that the commercialization of digital assets tied to Trump could influence legislation related to stablecoins, tokens, and decentralized finance (DeFi). This case serves as a reminder of the complexities that arise when prominent figures venture into the world of cryptocurrencies.

Following the issuance of the cease-and-desist letter, the promotional website for the unauthorized wallet, TrumpWallet.com, has been taken down. However, related social media posts promoting the product are still active. It is unclear at this time whether WLFI plans to take further legal action against Fight Fight Fight LLC, as an official statement from the venture has yet to be released.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 13 Jun 25
 13 Jun 25
 13 Jun 25