Trump disclosure shows $1.2 billion in crypto business revenue last year
By
Bernard Condon
Summary
President Donald Trump's federal disclosure filing reveals he earned nearly $1.2 billion from crypto businesses last year, including over $500 million from World Liberty Financial (selling governance tokens) and over $600 million from CIC Digital LLC (selling "meme" coins). These crypto ventures, mere startups when he took office, have now surpassed much of his traditional real estate portfolio in revenue. The filing shows his wealth has grown massively since taking office, fueled by billionaire investors and Trump's own actions to halt a federal crackdown on the crypto industry.
Source
Key quotes
· 4 pulledPresident Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took him decades to accumulate.
Fueling their rise were billionaire investors and Trump's own move to quash a federal crackdown on the industry.
The 927-page disclosure form paints a stark, if incomplete picture of the massive growth of the president's wealth since taking office last January through a web of business interests.
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