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Reading: Trump Defends Crypto Income After $1.2 Billion Disclosure
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Trump Defends Crypto Income After $1.2 Billion Disclosure

Last updated: July 3, 2026 13:25
Maria Lindqvist
Published: July 3, 2026
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President Donald J. Trump delivers remarks at the Mack Trucks facility in Pennsylvania/The White House
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U.S. President Donald Trump defended his personal finances after his 2025 federal disclosure showed major revenue from cryptocurrency-related ventures, renewing scrutiny of his family’s digital asset businesses while his administration pursues a more crypto-friendly policy agenda.

The annual financial disclosure, filed with the U.S. Office of Government Ethics, showed that crypto ventures became one of the largest sources of revenue tied to Trump’s business empire in 2025. AP reported that Trump took in nearly $1.2 billion from cryptocurrency businesses, including more than $500 million from World Liberty Financial and more than $600 million from sales of Trump-branded meme coins through CIC Digital LLC.

Trump rejected criticism that he was using the presidency to enrich himself, telling reporters that his wealth had benefited from broader market gains.

“We’re all profiting,” Trump said. “I’m profiting because I have a lot of money and a lot of cash.”

The president said he was not personally managing his investments and that outside funds handled his money. He has repeatedly said his sons direct his business interests while he is in office. The White House has also denied any conflict of interest, saying Trump acts in the public interest and does not make policy decisions to benefit his family businesses.

The disclosure has drawn renewed attention because Trump returned to office promising to make the United States a global leader in cryptocurrency. Since then, his administration has moved to reverse parts of the Biden-era crackdown on digital assets and has supported a more industry-friendly regulatory approach.

Critics say the overlap between Trump’s financial interests and his administration’s crypto policies raises ethics concerns. The White House says there is no conflict and that Trump’s business holdings are handled separately from his official duties.

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TAGGED:crypto regulationCryptocurrencyDonald Trumpfinancial disclosureTrump meme coinU.S. politicsWhite HouseWorld Liberty Financial
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Reading: Trump Defends Crypto Income After $1.2 Billion Disclosure
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