SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets.
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Details about the app are scarce, but it’s likely to rely on similar technology to the crypto trading app Slingshot, which was acquired by Magic Eden in April.
Magic Eden and Trump have some history prior to this deal, with several executives attending his memecoin dinner in late May, and a partnership pertaining to Trump NFTs last year.
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Magic Eden and Trump have some history prior to this deal, with several executives attending his memecoin dinner in late May, and a partnership pertaining to Trump NFTs last year.
The deal raises additional regulatory questions, especially as decentralized finance apps are being explicitly carved out from regulatory oversight by Trump-championed crypto bills being considered in Congress as we speak.
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The deal raises additional regulatory questions, especially as decentralized finance apps are being explicitly carved out from regulatory oversight by Trump-championed crypto bills being considered in Congress as we speak.
Magic Eden and spokespeople for President Trump did not immediately respond to inquiries about the project.
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Magic Eden and spokespeople for President Trump did not immediately respond to inquiries about the project.
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I’m a completely independent researcher and writer, and investigations like this are made possible thanks to support from readers like you. Consider supporting my work with a pay-what-you-can subscription: https://www.citationneeded.news/signup/
UPDATE: Since I published, the waitlist website has added a segment reading “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet”. This suggests it is indeed Fight Fight Fight LLC (Bill Zanker) behind it.
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UPDATE: Since I published, the waitlist website has added a segment reading “Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet”. This suggests it is indeed Fight Fight Fight LLC (Bill Zanker) behind it.
Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
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Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
@molly0xfff he looks so skinny
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Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
@molly0xfff Is that image Trump’s 30-year younger cousin?
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Official announcement has come out from Magic Eden. No promotion yet from Trump’s end.
@molly0xfff Why is Trump so thin? Is he sick?
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@molly0xfff he looks so skinny
@onelson @molly0xfff that's because the fake media adds about 200 lbs to his pictures. /s
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@molly0xfff Is that image Trump’s 30-year younger cousin?
@gadgetgav @molly0xfff Bro-ump is his name. His arm is actually stuck up like that because of all the high fives he gets for being awesome. It's a curse at this point.
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@molly0xfff Why is Trump so thin? Is he sick?
@human3500 @molly0xfff don't get my hopes up.
