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Your Personal Daily Intelligence
Edition 2026-07-04

CRYPTO

Trump Says He Earned $1.4 Billion From Crypto Investments While in Office

President Donald Trump said there was nothing illegal or wrong about earning $1.4 billion from crypto investments while serving as president, in a Thursday interview with CNBC.

By cointelegraph · 112d ago · Source: cointelegraph

Full article

President Donald Trump said there was nothing illegal or wrong about earning $1.4 billion from crypto investments while serving as president, in a Thursday interview with CNBC. The 2025 financial disclosure report from the Office of Government Ethics shows he earned over $2 billion from his business and investment activities, with about $1.4 billion attributed to crypto‑related ventures, including his memecoin and the World Liberty Financial platform. The disclosure breaks down the crypto earnings: his memecoin generated roughly $636 million, World Liberty sales about $588 million, and equity in a stablecoin venture about $197 million. Trump said he did not know who was responsible for the investments and declined to address potential conflicts of interest. Advocacy groups such as Public Citizen have labeled the arrangement a grift that could enable influence over legislation like the Digital Asset Market Clarity Act. After his first term, Trump called Bitcoin a scam but later met with crypto industry leaders, including the Winklevoss twins, and launched his own memecoin. Crypto firms have spent about $189 million on political contributions for the 2026 election cycle, representing most of the $294 million spent by crypto, AI, Big Tech and online betting interests. Trump's term ends in January 2029, and the 2026 congressional elections will decide the composition of the House and Senate, leaving the long‑term impact of his crypto earnings unresolved.

Source transparency

Publisher
cointelegraph
Reliability
high
Published
7/4/2026, 10:00:21 AM
Retrieved
7/4/2026, 10:00:21 AM
Relevance
80%
Confidence
85%
Read original at cointelegraph

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