US Edition
Donald Trump Jr. distances himself from $TRUMP meme coin: 'I wasn't involved'
- A cryptocurrency called $TRUMP memecoin launched earlier this year and became central to the Trump family’s expanding crypto activities.
- The launch followed the Trump family’s de-banking after the presidency, prompting them to pursue decentralized finance despite concerns about anonymous donors and influence risks.
- In late May, Donald Trump held a private dinner with key memecoin stakeholders, while his son, Donald Trump Jr., distanced himself from the project during a Tuesday CNBC interview by emphasizing his focus on stablecoins and bitcoin mining instead.
- Trump Jr. Argued that it’s unclear who is behind certain crypto activities and defended cryptocurrency as a way to regain financial access after being excluded by traditional banks.
- Meanwhile, the Trump family denied involvement in an unauthorized $TRUMP wallet launched by Magic Eden and issued cease-and-desist letters, indicating ongoing disputes and scrutiny over their crypto ventures.
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'Not the way': Trump's sons hammered for 'very confusing message' on new venture
A tech reporter flagged a "confusing" message sent out by president Donald Trump's sons about the family's involvement in a new cryptocurrency venture.A new website drew attention this week with an announcement that the developers of the president's memecoin were working with a company called Magic ...
·United States
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Trump's three sons deny involvement with meme coin wallet
·Washington, United States
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Coverage Details
Total News Sources34
Leaning Left12Leaning Right0Center5Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 29%
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