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Your Personal Daily Intelligence
Edition 2026-07-04

CRYPTO

Trump Says No Wrongdoing in $1.4 Billion Crypto Earnings

President Donald Trump said there is no wrongdoing in the more than $1.4 billion his family earned from cryptocurrency ventures last year, during a White House CNBC interview.

By coindesk · 54d ago · Source: coindesk

Full article

President Donald Trump said there is no wrongdoing in the more than $1.4 billion his family earned from cryptocurrency ventures last year, during a White House CNBC interview. He added that the income was legal and that he wants the United States to lead in digital assets.

The Office of Government Ethics disclosed that Trump was the largest crypto earner in U.S. politics, with total earnings of at least $1.4 billion. The breakdown included roughly $636 million from a memecoin named after him, about $594 million from World Liberty Financial, a firm he co‑founded with his sons, and nearly $197 million from a stablecoin venture linked to Sheikh Tahnoon bin Zayed Al Nahyan of Abu Dhabi.

Trump said he could have known about the ventures but did not, and he transferred day‑to‑day control of his businesses to his two eldest sons before taking office, retaining his assets without divestment. He emphasized his goal of fostering U.S. leadership in the crypto sector.

Source transparency

Publisher
coindesk
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 coindesk

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