Trump family threatens with legal steps due to Trumpcoin crypto-says: We do not authorize the use-Altcoins

Trump family threatens with legal steps due to Trumpcoin crypto-says: We do not authorize the use-Altcoins

The Trump family threatened with legal steps for Trumpcoin, a cryptocurrency that was created in honor of Donald J. Trump in 2016. Eric Trump said that the crypto had nothing to do with the Trump family. "We do not authorize the use and are in no way connected to this group. Legal steps are initiated," he said.

family Trump threatens to complain about Trumpcoin

Eric Trump, a son of the former president and a manager of the Trump organization, tweeted on Monday about the cryptocurrency Trumpcoin.

"Fraud warning: We noticed that someone advertises a cryptocurrency called 'Trumpcoin' (‘ Trump ’symbol)," he wrote and added:

This has nothing to do with our family, we do not approve the use and we are in no way connected to this group. Legal steps are initiated.

According to the Trumpcoin website, the cryptocurrency was created in February 2016, "to honor Donald J. Trump". Trumpcoin has a market capitalization of around $ 1.3 million. At the time of writing, the price is about $ 0.26.

on the FAQ page for Trumpcoin it is said that the coin and its website are "not in possession, operated, supported or otherwise connected to the Trump brand".

At the time of writing this article, Eric Trump received 1,3,000 comments. It was retired 3.5,000 times and liked 11.4,000 times.

Some people pointed out that the Trumpcoin website clearly states that the cryptocurrency is in no way connected to the Trump brand. Several others said Eric that the Trump family did not have the word "Trump". Some mocked the Trump family because she had noticed one Coin that has been available for the first time since 2016.

Former US President Donald Trump was never a fan of Bitcoin or cryptocurrency. In December last year he said that crypto was " very dangerous " warns of an explosion that we have never seen before. He repeatedly said that he does not want any other currencies could harm the US dollar .

What do you think of the threat of the Trump family because of Trumpcoin? Let us know in the comment area below.

Kevin Helms

As a student of Austrian economics, Kevin Bitcoin discovered in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.


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