{"id":271,"date":"2026-07-01T08:31:14","date_gmt":"2026-07-01T08:31:14","guid":{"rendered":"https:\/\/valutednews.com\/?p=271"},"modified":"2026-07-01T08:31:14","modified_gmt":"2026-07-01T08:31:14","slug":"trump-made-more-than-1bn-from-crypto-in-first-year-back-in-office","status":"publish","type":"post","link":"https:\/\/valutednews.com\/?p=271","title":{"rendered":"Trump made more than $1bn from crypto in first year back in office"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/ace\/branded_news\/1200\/cpsprodpb\/1ba7\/live\/0575aa80-7510-11f1-8e1d-bbbb1017d210.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Trump made more than bn from crypto in first year back in office\" title=\"Trump made more than bn from crypto in first year back in office\" \/><\/div><p><\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">US President Donald Trump made more than $1bn (\u00a3750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He also reported over $500m in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The earnings from his latest financial disclosure far outpace the previous ones for 2024, when Trump disclosed over $600m of income.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But the White House, which has repeatedly emphasised that Trump has placed his businesses in a trust managed by his sons, again denied any conflict of interest.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">White House deputy press secretary Anna Kelly said the president had proudly made the US &#8220;the crypto capital of the world&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Neither the President nor his family has ever engaged &#8211; or will ever engage &#8211; in conflicts of interest,&#8221; she said in a statement. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">She added: &#8220;All actions by President Trump and his administration are taken in the best interest of the American people \u2013 and any so-called &#8216;reporters&#8217; pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The president himself has also highlighted that he is not subject to federal conflict of interest laws.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump once criticised cryptocurrency, <a href=\"https:\/\/www.bbc.co.uk\/news\/business-57392734\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\">famously calling Bitcoin a &#8220;scam&#8221;<\/a> <b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">in 2021 <\/b>and a &#8220;disaster waiting to happen&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But, during his presidential campaign three years later, Trump said he wanted to make the US the &#8220;crypto capital of the planet&#8221;. One of his first actions when he returned to the White House last year was an executive order to &#8220;support the responsible growth&#8221; of the crypto industry. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Richard Painter, the former chief White House ethics lawyer under George W Bush, told the BBC it was &#8220;extraordinary&#8221;, that Trump had made $1bn from crypto. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Of course it&#8217;s a conflict of interest,&#8221; he said.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Will Walker-Arnott, director of private clients at Raymond James Financial Group, said: &#8220;His approach, I suppose, is in contrast to previous presidents in terms of money making.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Jimmy Carter put his peanut farm into a blind trust and George W Bush sold his interest in the Texas Rangers before becoming president, but Trump seems to be operating in a very different manner and seems to be making a lot of money through this family crypto company.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump made more than $1bn (\u00a3750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over&#8230;<\/p>\n","protected":false},"author":1,"featured_media":272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/ichef.bbci.co.uk\/ace\/branded_news\/1200\/cpsprodpb\/1ba7\/live\/0575aa80-7510-11f1-8e1d-bbbb1017d210.jpg","fifu_image_alt":"","footnotes":""},"categories":[21],"tags":[520,521,523,289,522],"class_list":["post-271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news","tag-1bn","tag-crypto","tag-office","tag-trump","tag-year"],"_links":{"self":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=271"}],"version-history":[{"count":0,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/media\/272"}],"wp:attachment":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}