Editor's PiCK

Trump's eldest son: "No connection to Trump Wallet... We are developing the WLFI Wallet"

Source
JH Kim

Summary

  • Donald Trump Jr. stated that 'Trump Wallet' is unrelated to the Trump family.
  • The Trump family conveyed that they are developing the official Trump wallet in partnership with World Liberty Financial (WLFI).
  • It is evaluated that, as the marketing and misuse of virtual assets using the names of political figures increases, investors should exercise caution.

According to Odaily on the 2nd (Korean time), Donald Trump Jr., the eldest son of former U.S. President Donald Trump, stated that "'Trump Wallet' is unrelated to the Trump family," and added, "We are developing a separate official Trump wallet product in partnership with World Liberty Financial (WLFI)."

This official wallet is expected to launch soon and is planned to debut as a virtual asset management service utilizing the Trump brand.

These remarks come amid increasing market confusion surrounding similar products like 'Trump Wallet', emphasizing that the only product directly controlled or approved by the Trump family is the official wallet being developed in cooperation with World Liberty Financial (WLFI).

This clarification is seen as an example of rising caution against indiscriminate virtual asset marketing and misuse using the names of political figures or celebrities.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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