White House · Donald Trump · CoinDesk
President Donald Trump said there is 'nothing wrong' with the money his family has made in crypto
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Asked in a CNBC interview on Thursday at the White House whether he knew about the ventures, Trump said "The reporter could know about it.
Key facts
- It showed about $636 million tied to his eponymous memecoin, which was launched on the eve of his return to office, roughly $594 million from World Liberty Financial, the crypto firm he co-founded
- President Donald Trump said there is 'nothing wrong' with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry
- Asked in a CNBC interview on Thursday at the White House whether he knew about the ventures, Trump said "The reporter could know about it
- The disclosure, released this week by the federal Office of Government Ethics, made Trump the largest crypto earner in U.S. politics
Summary
President Trump defended the more than $1.4 billion he earned from crypto-related ventures last year, saying in a White House CNBC interview that there was “nothing wrong” or illegal about the income and that he wants the U.S. to lead in digital assets. President Donald Trump said there is 'nothing wrong' with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry last year. Trump handed day-to-day control of his businesses to his two eldest sons before taking office, and did not divest his assets. The disclosure, released this week by the federal Office of Government Ethics, made Trump the largest crypto earner in U.S. politics.