
Eric Trump denied a social-media claim that the family is launching a new cryptocurrency, calling it fraud. The pattern of baseless Trump coin rumors has repeated before.
Eric Trump took to X on August 22 to squash a rumor that the family was about to launch a new cryptocurrency. He called the claims “absolutely not true” and said anyone suggesting otherwise is running a scam.
The post came from the account @WhaleScan, which asserted that Donald Trump was preparing to release a new coin. The account cited previous Trump-branded meme tokens like $TRUMP and $MELANIA as context. No company name, ticker, or regulatory filing backed the claim.
Eric Trump has been publicly linked to World Liberty Financial, a decentralized finance project that started in 2024, and to American Bitcoin, a separate venture. Neither was mentioned in the rumor. His denial did not address those projects.
The pattern is familiar. Social-media posts about Trump family crypto ventures have surfaced before and been disproven. Each cycle finds a fresh audience willing to act on unverified information. This time Eric Trump’s response was direct: no one authorized to launch a token under the Trump brand has any such plan.
For anyone considering the rumor, the rule is simple. If a major crypto launch is not announced through official channels with verifiable details, it is not real.
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