Tech

Eric Trump Swears SUE TrumpCoin After Crypto Takes Last Name

ERIC Trump announced on Monday that he is planning to take legal action against cryptocurrency ‘TrumpCoin.’

The third child of former President Donald J. Trump vowed to take legal action against a cryptocurrency using his family name.

Eric Trump tweeted that he is planning to take legal action against the cryptocurrency 'TrumpCoin'

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Eric Trump tweeted that he is planning to take legal action against the cryptocurrency ‘TrumpCoin’

It seems that the Trump family has just learned of a cryptocurrency called ‘TrumpCoin’, 5 years after the digital currency was first launched.

Eric Trump first acknowledged the existence of cryptocurrencies on Twitter in Monday.

“Fraud Alert: We noticed that someone was promoting a cryptocurrency called “TrumpCoin” (Symbol “TRUMP.”),” he tweeted.

“This has nothing to do with our family, we don’t authorize its use and we have no affiliation with this group. Legal action will be taken,” the tweet continued.

The official TrumpCoin Twitter account applauded the younger Trump’s accusations, saying it never claimed to have anything to do with the former president’s brand.

The account has also responded to other Twitter users on its own, directing them to TrumpCoin’s FAQ page, where it claims to have no relationship with the Trump brand.

“Trumpcoin.com is not owned, operated, endorsed by or affiliated with Donald J. Trump, Trump Organization, Donald J. Trump for President Inc, or any other entity owned by Donald J. Trump and / or the operator or any of his affiliates,” website Statuses.

The company also states on their website that the coin, created based on Bitcoin technology, is intended to honor Donald J. Trump.

“We feel this is a misunderstanding and we are struggling,” a Trumpcoin spokesperson told CNET about Trump’s allegations.

Trumpcoin was created on February 20, 2016 and is currently priced at 26 cents, according to Coinbase.

TrumpCoin was launched in February 2016 and claims it has no connection to the Trump brand.

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TrumpCoin was launched in February 2016 and claims it has no connection to the Trump brand.Credit: Twitter/Trumpcoin
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https://www.thesun.co.uk/tech/17440223/eric-trump-sue-trumpcoin-family-name/ Eric Trump Swears SUE TrumpCoin After Crypto Takes Last Name

Caroline Bleakley

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