This post was originally published on Coinspeaker
Key NotesDavid Schwartz does not believe that President Trump and his family have any ties to the recently introduced TRUMP Wallet.The wallet showcases a possible misalignment in Trump’s crypto venture’s network.Magic Eden’s ME has rallied as high as 32% based on the TRUMP Wallet announcement.
David Schwartz, Chief Technology Officer at blockchain payments firm Ripple Labs Inc., disagrees with the narrative that President Donald Trump and his sons have no involvement with the new TRUMP Wallet generating attention.
On June 4, he took to X to highlight the apparent connection between these parties, emphasizing that it is unlikely the Trump Organization account was hacked.
The Ripple CTO Probe
David Schwartz highlighted an X post from GetTrumpMeme, stating that this account and that of Non-fungible Token (NFT) marketplace Magic Eden had published the news about the introduction of this crypto wallet. However, the President’s sons, Donald Trump Jr. and Eric Trump, claim that the Trump Organization has zero involvement.
This is a very bizarre situation.
Both @magiceden and @GetTrumpMemes have posted this announcement, but Donald Trump Jr. and Eric Trump say the Trump Organization has zero involvement. But @GetTrumpMemes is owned by FightFightFight LLC which launched the official Trump
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