The Trump family has issued a cease-and-desist letter to Magic Eden and GetTrumpMemes.com, objecting to the unauthorized use of their name in the $TRUMP Wallet project. The wallet, associated with a memecoin, has been publicly disavowed by Donald Trump's sons, Don Jr., Eric, and Barron, who clarified that neither the family nor the Trump Organization is involved. Eric Trump emphasized the importance of not using their name without permission. This legal action comes amid a backdrop of strained relations with Bill Zanker, owner of GetTrumpMemes.com, despite past collaborations. Blockchain analytics firm Chainalysis revealed that the $TRUMP memecoin creators profited $320 million in fees, while most retail investors faced losses.