Eric Trump Bats Down Trump-Family Crypto Launch Speculation
A recent surge in speculation surrounding a potential Trump-family cryptocurrency launch was swiftly shut down by Eric Trump, who described it as 'absolutely not true' and 'fraudulent.'
The rumors began with an X post from @WhaleScan claiming Donald Trump would introduce a new digital currency, but lacked any supporting evidence or official statement.
Eric Trump's dismissal came after he was tagged in the speculation on August 22. He stated: 'What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud.'
The speculation gained traction due to the Trump family's established involvement in cryptocurrency initiatives. Eric Trump has ties to World Liberty Financial, a DeFi platform launched in 2024.