Trump earned nearly $1.2 billion from crypto businesses last year, federal filing shows
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's crypto products and over $600 million from CIC Digital LLC's "meme" coin sales. These new ventures have surpassed much of his traditional real estate portfolio in revenue, fueled by billionaire investors and Trump's own actions to halt federal crypto industry crackdowns. The 927-page disclosure form illustrates the massive growth of Trump's wealth since taking office through a web of business interests.
Source
bskyTrump earned nearly $1.2 billion from crypto businesses last year, federal filing showsshare.googleKey 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.
You might also wanna read
Analysis: Trump Family's Foreign Deals and Cryptocurrency Ventures Raise Ethics Concerns
The article examines how Donald Trump and his family have significantly increased their wealth through foreign mega-deals and cryptocurrency
newyorker.com·4mo ago
Crypto gambler profits $436,000 on Maduro capture bet just before official announcement
A crypto gambler made $436,000 by betting on Polymarket that Venezuelan President Nicolás Maduro would be out of power by the end of January
bbc.com·5mo ago
590,000 buyers paid $59 million for Trump Mobile's gold phone; none have shipped after one year
An estimated 590,000 customers paid $59 million in deposits for the Trump Mobile T1 gold smartphone, announced by Donald Trump Jr. and Eric
Yahoo Finance·1mo ago
Satirical piece: Trump requests $1.2 trillion in funding for the purpose of having it
A satirical article about President Donald Trump requesting $1.2 trillion in funding simply to possess the money, with circular logic about
The Onion·1mo ago
POLITICO Analysis Exposes DOGE's Inflated Savings Claims
A POLITICO analysis reveals that DOGE's claimed savings from contract terminations are significantly inflated, with actual savings amounting
politico.com·10mo ago
Trump Pardons Binance Founder Changpeng Zhao After Money Laundering Conviction
US President Donald Trump has pardoned Changpeng Zhao (CZ), founder of cryptocurrency exchange Binance, who was sentenced to four months in
bbc.com·8mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.