The official Donald Trump meme coin project will not launch its planned Trump-branded crypto wallet, according to President Trump's son, Eric Trump. The move comes following a dust-up with the president's sons, who plan to launch a wallet through their own World Liberty Financial project, which is also backed by President Trump.

"I am proud to announce the TRUMP meme coin has aligned with [World Liberty Financial]," Eric Trump wrote on X on Friday. "Although their meme wallet isn’t moving forward, they remain focused on building the most exciting meme on earth—TRUMP."

The post was retweeted by the official GetTrumpMemes account tied to the meme coin, along with World Liberty Financial.

Eric Trump also wrote that World Liberty "plans to acquire a substantial position in TRUMP for their long-term treasury," adding, "We share a bigger vision for crypto, patriotism, and long-term success."

World Liberty Financial had sent a cease and desist letter to the GetTrumpMemes team on Thursday, after which the website for the wallet—announced earlier this week—went dark.

Editor's note: This story is breaking and will be updated with additional details.

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