Trump made over $1 billion from cryptocurrency in the past year, financial disclosure shows
By
Marta Khomyn
Summary
US President Donald Trump, who once called cryptocurrency a "scam," has made over $1 billion from crypto in the past year according to his annual financial disclosure. The revelation has drawn sharp criticism from Democrats who accuse him of using public office for personal enrichment while American families struggle. The White House has denied any conflicts of interest. The article explores how Trump leveraged his political position and the launch of his own crypto ventures (including a memecoin and World Liberty Financial) to generate massive profits, raising ethical and legal questions about presidential financial conflicts of interest.
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bskyTrump made over $1 billion from cryptocurrency in the past year, financial disclosure showstheconversation.comKey quotes
· 3 pulledJuliana Stratton, the Illinois lieutenant governor and a Democratic Senate candidate, accused Trump of using his public office 'to make billions while American families struggle to afford their basic needs. His infinite greed is disgusting.'
Trump once called cryptocurrency a 'scam'. It's now a major moneymaker for him.
The White House denied Trump or his family has engaged in conflicts of interest.
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