Trump's crypto ventures earn $1.4 billion as investors lose billions
President Donald Trump’s recent financial disclosure, reported by NBC News, showed that his cryptocurrency holdings and licensing deals produced more than $1. 4 billion in income, including roughly $635 million from a licensing agreement with a meme-coin group. ABC News cited the same filing to note that the former president earned over $1 billion from token sales and a licensing deal for the $TRUMP meme coin. The Office of Government Ethics filing highlighted by AP indicated that the Trump-related crypto ventures generated about $1. 2 billion in revenue, even as the market value of the associated tokens fell sharply. Subsequent analysis by The New York Times and CNN reported that the family’s businesses earned $636 million and more than $1 billion respectively from the Trump-branded memecoin, while the coin’s market capitalization dropped from $15 billion to roughly $400 million.
Fortune and Yahoo, using blockchain data, estimated that about two-thirds of the 1. 48 million wallets that bought $TRUMP lost a combined $3. 8 billion. In an interview with CNBC, President Trump said he was unaware of his family’s crypto earnings, which the disclosure listed at $1. 4 billion, while Treasury Secretary Scott Bessent told CBS News that the earnings did not create an appearance problem and promoted the rollout of tax-deferred “Trump Accounts” for his children.
