Eric Trump took to X on August 22 to squash rumors that the Trump family was about to launch a new cryptocurrency, calling the claims “absolutely not true” and labeling them outright fraud.
The statement was a direct response to a post from the account @WhaleScan, which had asserted that Donald Trump was preparing to release a new coin. Eric Trump’s rebuttal was blunt: no one in the family is launching any coin, and anyone suggesting otherwise is running a scam.
What sparked the denial
The rumor appears to have gained traction on X, where @WhaleScan posted claims about an upcoming Trump-affiliated token. The post apparently referenced previous Trump-related meme coins like $TRUMP and $MELANIA as context, implying the family was gearing up for another digital asset launch.
No specific company, token name, or regulatory filing was attached to the claim.
