Trump Wallet scandal: Is Magic Eden really involved or just dragged in?
Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood.
On June 3, 2025, a website promoting the “Official $TRUMP Wallet” surfaced, claiming to offer users the ability to trade cryptocurrencies, including a Trump-branded memecoin. The site prominently featured Magic Eden as a partner, lending an air of legitimacy to the project. However, the Trump family swiftly disavowed any association with the wallet.
Unveiled by Fight Fight Fight, a company tied to Trump associate Bill Zanker, the Official Trump Wallet claimed to offer crypto features and collectibles under the Trump brand. The wallet promised integration with leading cryptocurrencies, including Bitcoin (BTC), Solana (SOL), Ether (ETH), Magic Eden’s own ME (ME) token, alongside “all other tokens.”