Politics
‘Everybody is profiting’: Trump dismisses questions about over $1bn in crypto earnings
US President Donald Trump has dismissed questions regarding the $1.2 billion he earned from cryptocurrency businesses, as revealed in his latest 927-page
Key takeaways
- Donald Trump earned $1.2bn from crypto businesses according to his latest annual financial disclosure.
- Trump's personal fortune rose from $2.3bn to $6.5bn between 2024 and 2026, primarily due to his crypto activities.
- World Liberty Financial brought in more than $500m from sales of governance tokens.
- CIC Digital LLC took in more than $600m from Trump-branded meme coins.
- Officials linked to the UAE invested roughly $500m in World Liberty Financial, followed by at least 10 administration actions benefiting the UAE.
US President Donald Trump has dismissed questions regarding the $1.2 billion he earned from cryptocurrency businesses, as revealed in his latest 927-page annual financial disclosure. Trump claimed his money is run by big institutions in what he believes is called a "blind account." The disclosures show that World Liberty Financial brought in over $500 million from governance token sales, while CIC Digital LLC took in over $600 million from Trump-branded meme coins. Senate Democrats, led by Elizabeth Warren, have called for legislative action to prevent senior officials from profiting from the crypto industry, pointing to a potential "pay-to-play" scheme involving a $500 million UAE investment in World Liberty Financial. Meanwhile, in Colorado's primary elections, democratic socialist Melat Kiros unseated 15-term incumbent US Representative Diana DeGette.
In their words
“I think it’s called a ‘blind account’, but they basically they take it, and I purposely I never speak to any of the people that run the money.”
“The crypto legislation heading to the Senate floor must prevent the president, vicepresident, senior administration officials, members of Congress and their families from profiting off the crypto industry.”
By the numbers
- $1.2B
- Trump's earnings from crypto businesses in financial disclosure
- $2B
- Total earnings from Trump's money-making ventures last year
- $500M
- World Liberty Financial revenue from governance token sales
- $600M
- CIC Digital LLC revenue from Trump-branded meme coins
- $6.5B
- Trump's personal fortune in 2026 according to Forbes
How it unfolded
- Senators demand hearings into UAE's World Liberty Financial investment
- Melat Kiros unseats 15-term incumbent Diana DeGette
- Trump travels to North Dakota for Roosevelt Library opening
Why this matters
-
The UAE investment deal represents a potential pay-to-play scheme.
-
Trump's crypto supporters got rug-pulled while he got richer.
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Common questions
- What happened with Donald Trump?
- Donald Trump earned $1.2bn from crypto businesses according to his latest annual financial disclosure.
- Where can I read the original report?
- Read the full report at guardian_world.
