All the President’s tokens

Citation Needed's crypto recap for June 5, 2025, centers on the tangle of Trump-linked crypto projects, which the author says has produced confusion and conflict. After Magic Eden and the $TRUMP memecoin project announced an "Official $TRUMP Wallet by President Trump," Eric Trump, Donald Trump Jr. and Barron Trump all disavowed the project, and Bloomberg reported that the Trump sons sent a cease-and-desist order via World Liberty Financial. The recap also covers the May 22 memecoin dinner, where attendees paid between $55,000 and nearly $38 million for seats and the event drove almost $150 million in token sales, along with court cases involving SafeMoon, Genesis and Avraham Eisenberg.