Jill Shaw

So Eric Trump came out on social media and said the lawsuit was ridiculous.

And Zach Witkoff, who is the CEO of Royal Liberty, said something similar, that the claims are entirely meritless and Royal Liberty is looking forward to getting the case thrown out.

It does seem like the major crypto ventures that the Trump family has pursued are either in hot water, such as in the case of Royal Liberty, or just not performing all that well.

The Trump meme coin is trading at all-time lows.

I think it's down 95% from its peak.

And of course, we have to remember that this is in a wider sell-off in meme coins and other wider troubles in decentralized finance and crypto.

There is, of course, still a great deal of benefit that the crypto industry has gotten from this administration.

But it does seem like

Traders are waking up to the fact that the ventures aren't delivering everything that they promised.

Thank you.