Eric Trump confirmed WLFI invested in TRUMP memecoin

Eric Trump stated that World Liberty Financial (WLFI), the DeFi platform linked to the Trump family, will purchase a large amount of TRUMP memecoin into the treasury as part of a long term strategy.

At the same time, he confirmed that the electronic wallet project branded Trump has officially been canceled. Previously, the Fight Fight Fight LLC and Magic Eden team promoted this wallet as 'official' from June 3, but it was quickly denied by the Trump family and requested to cease operations.

WLFI called the wallet project "misleading and unauthorized" and is taking legal action. Meanwhile, WLFI continues to promote the ecosystem with the distribution of the USD1 stablecoin and emphasized that the TRUMP token and the WLFI platform are "two separate projects with the same mission".

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