President Donald Trump defended his billion-dollar cryptocurrency windfall on Thursday, asserting there was nothing "illegal" or "wrong" about it.
Crypto Is A 'Big Deal' During an interview with CNBC, Trump said cryptocurrency is a "big deal," reiterating his longstanding position that the U.S. must lead in the space or risk ceding dominance to China.
When questioned about the over $1 billion he and his family made from cryptocurrency ventures during his first year in office, Trump said, "There’s nothing illegal, there’s nothing wrong with it." Trump also revealed that he had been involved in the cryptocurrency business before becoming president, while sidestepping questions about conflict of interest.
"I was here before.
I was there before I was in office," he said.
