PANews reported on June 4 that according to Eleanor Terrett, Magic Eden responded that the $TRUMP wallet it launched is an official product, carrying the "official Trump brand and intellectual property", and that it had previously cooperated with the $TRUMP project to issue NFTs. However, Eric Trump and Donald Trump Jr. both denied any involvement in the project, and Eric warned the company to "be extremely careful about using our name for unapproved projects that no one in the organization knows about."