How Trump made more than $1 billion from crypto in just one year

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestylePresident Donald Trump made more than US$1 billion from cryptocurrency last year, according to his annual financial disclosure (AP)Donald Trump's annual financial disclosure reveals he made more than $1 billion from cryptocurrency last year, helping lift his estimated net worth to $6 billion.His crypto ventures include the $TRUMP memecoin and World Liberty Financial, which issues the WLFI governance token and USD1 stablecoin, with Trump-affiliated entities holding significant stakes and receiving substantial proceeds. The USD1 stablecoin's success is tied to Binance, which listed it, received a $2 billion investment from an Abu Dhabi state fund paid in USD1, and whose founder was later pardoned by Trump after the SEC dropped its lawsuit. Critics accuse Trump of using his public office for personal enrichment, citing concerns about special favors and potential institutionalized corruption related to his crypto dealings. Investigations indicate that Trump and his family gained approximately $2.3 billion from their crypto ventures, while over a million investors collectively lost a similar amount. In fullTrump made more than $1B in crypto earnings last year. Here’s howMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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