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Trump's 2025 Financial Disclosure Shows Billions in Crypto Profits from World Liberty Financial Venture

David D. Kirkpatrick reports on Donald Trump's 2025 financial disclosure, revealing that the President profited billions of dollars through crypto token sales tied to World Liberty Financial, a venture launched with Steve Witkoff and their sons. The article highlights that Chinese-born billionaire Justin Sun invested $30 million in the speculative crypto venture shortly before Trump's election win, raising concerns about potential bribery. The tokens offered no ownership rights, couldn't be resold or traded, and the platform's promised lending/borrowing functionality remained ill-defined, while investors who bought in fared poorly compared to Trump himself.

David D. Kirkpatrick3h ago7 min readenInsight
Read on newyorker.com

Key quotes

In late November, 2024, when the Chinese-born billionaire Justin Sun first invested thirty million dollars in a speculative crypto venture linked to Donald J. Trump, then the President-elect, it looked more or less like a bribe.
It promised an ill-defined platform to borrow and lend digital money; the tokens carried no promise of ownership in anything, could not be resold or traded, and entitled owners to nothing.
David D. Kirkpatrick writes that the President cashed in on his office to the tune of billions of dollars in 2025, the bulk of which came from the sale of crypto tokens. His investors weren't so fortunate.

From the article

David D. Kirkpatrick writes that the President cashed in on his office to the tune of billions of dollars in 2025, the bulk of which came from the sale of crypto tokens. His investors weren’t so fortunate.
Continue reading on newyorker.com

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