Eric Trump rejects social media claims of family launching new cryptocurrency

Eric Trump, son of U.S. President Donald Trump, rejected social media claims that his family is preparing to issue a new digital token, calling the allegations fraudulent. In a post on X, he said no member of the Trump family is launching any such currency and accused those spreading the claims of attempting to deceive investors. The denial was a direct response to a post by the account @WhaleScan, which alleged that Donald Trump was preparing a new digital token. The claim appeared designed to evoke association with the previously launched "$TRUMP" and "$MELANIA" meme coins linked to the president and first lady. The @WhaleScan post did not include a company name, the proposed name of any token, or any supporting documentation such as a regulatory filing. No further details on any planned cryptocurrency launch by the Trump family were immediately available.