US President Donald Trump today defended gaining over $1.2 billion from his family’s cryptocurrency dealings last year, saying “everybody’s making money” from his time in power. DigitalCurrencies
“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump told reporters as he prepared to board his inaugural flight on a new Air Force One plane donated by Qatar.
The billionaire president was asked about allegations that he was enriching himself through his position and AFP reports that he said his revenues were placed in blind trusts to ensure that he could not do so.
“I don’t get involved in my personal (finances), we have funds that run my money,” Trump stated.
“I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.
The gains were linked to crypto projects launched in his first year back in the White House, but Trump maintained that his riches was down to his previous career. DigitalCurrencies
“I don’t know if I’ve had a better career in politics or business, but I had a great career in business and you know, you saw the cash, and you report the different things,” he remarked.
“So we’re all making money. “I’m making money, I got a lot of money, I got a lot of cash.”
US Office of Government Ethics financial records issued Tuesday show Trump made around $550 million in 2025 from his connections to the firm World Liberty Financial.
World Liberty Financial (WLF) was co-founded in September 2024 by Trump’s kids and the son of Trump’s Middle East special envoy Steve Witkoff.
The 927-page files include $635 million in royalties from a license deal tied to the $TRUMP cryptocurrency launched only hours before the president took office in January 2025. Digital Currencies
The president’s crypto activities have seen his personal fortune leap from $2.3 billion in 2024 to $6.5 billion in 2026, almost tripling, according to Forbes.
Trump’s administration has sought to deregulate the sector, leading to soaring asset prices.
The White House said he “has proudly made the U.S. the crypto capital of the world.”
About the Author
