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The Guardian - US
The Guardian - US
Technology
Dara Kerr

Trump family disown debut of crypto wallet: ‘I know nothing about this project!’

cut-out of person wearing suit holding up gold coin
A cutout of Donald Trump holding a bitcoin during the Bitcoin Conference at The Venetian Las Vegas in Nevada on 27 May. Photograph: Ian Maule/AFP/Getty Images

A splashy website featuring an illustration of Donald Trump, looking buff and pumping his fist in the air, appeared online on Tuesday. The image is the logo of one of Trump’s digital currencies, and the website claims to be the “Official $Trump Wallet”, hawking a product that would allow customers to buy and sell cryptocurrencies, primarily the president’s own.

The website prominently features the name of Trump’s coin, $Trump, and invites people to join the waitlist to use the digital wallet. It was first noticed by the crypto newsletter Citation Needed. Magic Eden, an established cryptocurrency marketplace, said on the website that it had partnered with Trump’s official digital coin team to create the wallet. The Twitter/X account for one of Trump’s cryptocurrencies promoted the wallet product as well.

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