Trumps deny involvement in Trump-branded memecoin wallet

The announcement of a Trump-branded crypto wallet has been labelled “absolute chaos” as a business linked to the Trumps said it would launch a wallet only to have US President Donald Trump’s sons distance themselves from it.

The non-fungible token marketplace Magic Eden and the team behind the president’s memecoin, Official Trump (TRUMP), both said on June 3 that they were linking up to launch “the Official $TRUMP Wallet.”

However, Donald Trump Jr. said that the Trump Organization, which oversees Trump’s sprawling real estate and…