Trump has been at the center of nearly every major crypto news story over the last few months. In a recent situation, the Trump family has become embroiled in a legal dispute with a newly launched cryptocurrency wallet. Things have escalated to the point that legal actions are now underway.
WLF or World Liberty Financials, an organization backed by the Trump family, just issued a cease and desist letter to the creators of a wallet that is copyright-infringing on Trump’s crypto branding.
According to Bloomberg’s report, the letter was issued to the creators of the Trump-themed memecoin, Fight Fight Fight LLC. The firm publicly announced the latest launch on the social media platform formerly known as Twitter.
WLF, along with Trump family members, stated that FFF LLC is using the Trump name without any form of consent. In the wake of the cease-and-desist letter, the official website of the coin, which was taking sign-ups, has gone offline.
However, the social media is still live, and this has created an air of mixed feelings. What about the people who invested in it already? Could this be another major rug pull caused by yet another regulatory fiasco?
