At midnight on June 6, Elon Musk and Donald Trump went nuclear. Just a week after Musk stepped down as head of the "Department of Government Efficiency" (DOGE), the two traded explosive accusations on X, sending Tesla shares plunging over 15% and Trump Media & Technology Group (TMTG) down 7.82%. As this political drama reached its climax, cracks emerged within Trump’s crypto empire.

In the early hours of June 6, Musk dropped a bombshell on X:
"Time to reveal the real bombshell: Trump appears in Epstein’s files. That’s why they’ve been kept hidden. Have a nice day, DJT!"

This cryptic tweet was Musk’s latest salvo in a heated exchange. Hours earlier, Trump had posted:
"I’m tired of Musk. I fired him, I canceled the EV mandate nobody wanted (he knew months ago!), and now he’s lost it!"
He followed up:
"The easiest way to save billions? Cut subsidies and contracts for Musk’s companies (Tesla, SpaceX). I’m shocked Biden didn’t!"

Trump later boasted he could win Pennsylvania without Musk’s help, provoking Musk to retort:
"Trump is ungrateful. Without me, he’d lose the election, Democrats would control the House, and the GOP Senate seats would drop from 51 to 49."

The feud escalated after Musk criticized Trump’s One Big Beautiful Bill Act, calling it "disgusting" and a "fiscal disaster," further exposing GOP divisions.

Meanwhile, Trump’s inner circle was at war. His family’s DeFi project, World Liberty Financial (WLFI), issued a cease-and-desist to Fight Fight Fight LLC (the company behind the $TRUMP meme coin) over the controversial Trump Wallet app.

On June 4, NFT platform MagicEden announced a partnership with $TRUMP to launch Trump Wallet, sending its token $ME soaring 30% to $1.1 billion in market cap—until Trump’s sons Eric, Donald Jr., and Barron all denied involvement.

Despite denials, MagicEden and TrumpMeme’s team doubled down. The wallet’s X account was repeatedly suspended, and its ties to Slingshot Finance (acquired by MagicEden) raised eyebrows.

This isn’t the first sign of instability. Trump’s crypto ventures, like his presidency, are riddled with infighting:

• $TRUMP Meme Coin: Controlled by Fight Fight Fight LLC and CIC Digital LLC, backed by Trump’s longtime ally Bill Zanker.

• WLFI: Led by real estate mogul Steve Witkoff and Trump’s sons, pushing a rival stablecoin, USD1.

• $MELANIA Token: A hastily launched meme coin criticized for amateur execution, possibly unconnected to $TRUMP’s team.

MagicEden’s CEO Jack was recently spotted at a $TRUMP-themed dinner with Slingshot’s founder, hinting at backroom deals. Meanwhile, WLFI’s Zach Witkoff secured a $2 billion stablecoin deal with UAE’s Tahnoon Group, promising millions in annual profits for the Trump family.

With Musk’s defection, internal power struggles, and competing crypto projects, Trump’s camp is in chaos. As $TRUMP’s influence wanes, WLFI and Truth Social’s Bitcoin ETF bid are gaining traction—but the infighting threatens to undermine it all.

One thing’s clear: In Trump’s world, loyalty is fleeting, and the next betrayal is always a tweet away.

At midnight on June 6, Elon Musk and Donald Trump went nuclear. Just a week after Musk stepped down as head of the "Department of Government Efficiency" (DOGE), the two traded explosive accusations on X, sending Tesla shares plunging over 15% and Trump Media & Technology Group (TMTG) down 7.82%. As this political drama reached its climax, cracks emerged within Trump’s crypto empire.

In the early hours of June 6, Musk dropped a bombshell on X:
"Time to reveal the real bombshell: Trump appears in Epstein’s files. That’s why they’ve been kept hidden. Have a nice day, DJT!"

This cryptic tweet was Musk’s latest salvo in a heated exchange. Hours earlier, Trump had posted:
"I’m tired of Musk. I fired him, I canceled the EV mandate nobody wanted (he knew months ago!), and now he’s lost it!"
He followed up:
"The easiest way to save billions? Cut subsidies and contracts for Musk’s companies (Tesla, SpaceX). I’m shocked Biden didn’t!"

Trump later boasted he could win Pennsylvania without Musk’s help, provoking Musk to retort:
"Trump is ungrateful. Without me, he’d lose the election, Democrats would control the House, and the GOP Senate seats would drop from 51 to 49."

The feud escalated after Musk criticized Trump’s One Big Beautiful Bill Act, calling it "disgusting" and a "fiscal disaster," further exposing GOP divisions.

Meanwhile, Trump’s inner circle was at war. His family’s DeFi project, World Liberty Financial (WLFI), issued a cease-and-desist to Fight Fight Fight LLC (the company behind the $TRUMP meme coin) over the controversial Trump Wallet app.

On June 4, NFT platform MagicEden announced a partnership with $TRUMP to launch Trump Wallet, sending its token $ME soaring 30% to $1.1 billion in market cap—until Trump’s sons Eric, Donald Jr., and Barron all denied involvement.

Despite denials, MagicEden and TrumpMeme’s team doubled down. The wallet’s X account was repeatedly suspended, and its ties to Slingshot Finance (acquired by MagicEden) raised eyebrows.

This isn’t the first sign of instability. Trump’s crypto ventures, like his presidency, are riddled with infighting:

• $TRUMP Meme Coin: Controlled by Fight Fight Fight LLC and CIC Digital LLC, backed by Trump’s longtime ally Bill Zanker.

• WLFI: Led by real estate mogul Steve Witkoff and Trump’s sons, pushing a rival stablecoin, USD1.

• $MELANIA Token: A hastily launched meme coin criticized for amateur execution, possibly unconnected to $TRUMP’s team.

MagicEden’s CEO Jack was recently spotted at a $TRUMP-themed dinner with Slingshot’s founder, hinting at backroom deals. Meanwhile, WLFI’s Zach Witkoff secured a $2 billion stablecoin deal with UAE’s Tahnoon Group, promising millions in annual profits for the Trump family.

With Musk’s defection, internal power struggles, and competing crypto projects, Trump’s camp is in chaos. As $TRUMP’s influence wanes, WLFI and Truth Social’s Bitcoin ETF bid are gaining traction—but the infighting threatens to undermine it all.

One thing’s clear: In Trump’s world, loyalty is fleeting, and the next betrayal is always a tweet away.