Eric Trump Denies Rumors of New Trump-Linked Crypto Token
Eric Trump has denied reports that his family is planning to launch another cryptocurrency. The claim sparked controversy after an X post by WhaleScan suggested a new token was in the works. Eric Trump responded on Twitter, calling the rumors 'absolutely not true' and warning promoters of fraud.
The $TRUMP and $MELANIA tokens have already been launched, and the family has ties to American Bitcoin through World Liberty Financial. The latest speculation highlights the risks surrounding unverified Trump-branded crypto projects.
Justin Sun, founder of Tron, is in a dispute with World Liberty Financial over roughly 4 billion frozen tokens and $45 million. Sun describes the issue as a broader question of crypto ownership and control.