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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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President Trump’s Crypto Ventures Yield $2.4B Since 2022
Trump’s crypto portfolio earned $2.4 billion since 2022, accounting for 43.5% of wealth accumulated during his political career.
Revenue streams include NFTs, token sales through World Liberty Financial, Bitcoin mining, UAE deals, Trump Media treasury, and Official Trump memecoin.
The Official Trump memecoin alone contributed $385 million, while Trump Media and Technology Group generated $1.3 billion in crypto gains.
President Donald Trump’s cryptocurrency ventures have generated an estimated $2.4 billion in gains since 2022, according to The New Yorker. This figure accounts for 43.5% of his known personal wealth accumulated during his political career.
Expanding Cryptocurrency Portfolio
The report outlines several revenue sources contributing to Trump’s crypto earnings. His non-fungible token collections have reportedly produced $14.4 million, while token sales through World Liberty Financial generated $412.5 million. Deals with the United Arab Emirates contributed $243 million, and Bitcoin mining company American Bitcoin brought in $13 million.
The largest single source is his Bitcoin treasury company, Trump Media and Technology Group, with $1.3 billion in gains. Additionally, the Official Trump memecoin has yielded $385 million. Many of these ventures are linked to Trump through advisers and family members managing operations.
From Criticism to Engagement
Trump’s current involvement in the crypto sector marks a change from his position in 2019, when he criticized digital assets for volatility and potential misuse. Since 2022, his portfolio has expanded across NFTs, token projects, international crypto partnerships, and Bitcoin mining initiatives.
The Official Trump memecoin has been a central element in his digital asset activity. Earlier this year, Trump announced a dinner in Washington, D.C., for its largest holders, adding a promotional layer to the token’s profile.
Oversight Concerns from Lawmakers
Trump’s growing crypto wealth has drawn attention from political opponents. Democratic lawmakers have raised concerns over possible conflicts of interest involving his memecoin and USD1 stablecoin projects. They have called for investigations into whether these activities comply with federal ethics and constitutional standards.
Following the dinner announcement for major memecoin holders, two Democratic senators warned that offering such access could violate the federal bribery statute and the emoluments clauses. They also cautioned that the memecoin might enable foreign actors to purchase influence without revealing their identities.
Trump’s $2.4 billion crypto fortune places him among the most financially invested political leaders in the sector, bringing renewed focus to the intersection of governance and digital asset ventures in the United States.
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