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President Trump’s financial disclosures show hundreds of millions in crypto-related income

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President Trump's financial disclosures show hundreds of millions in crypto-related income.

President Donald Trump's income included hundreds of millions of dollars in bitcoin and ethereum tied to his family's crypto company World Liberty Financial, as well as thousands of dollars in firms like Coinbase and Strategy, according to a financial disclosure report released on Tuesday.

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Summary

The 927-page annual financial disclosure report released by the Office of Government Ethics covered an array of investments from Domino's Pizza to Costco to Victoria's Secret to Lockheed Martin as well as large banks like JPMorgan. The financial report showed that Trump's income included millions of dollars tied to World Liberty Financial, a crypto decentralized finance company that has come under the spotlight as lawmakers seek to pass a sweeping bill to regulate the industry at large. Trump reported more than $65.6 million from the sale of equity in WLF Holdco and $236.25 million in token-sale proceeds distributed by World Liberty Financial, according to the disclosure.

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