The president reported at least $1.4 billion in crypto income for 2025. He told CNBC he did nothing illegal and was not aware of the extent of his holdings. Critics say he is profiting from the office while his administration writes the industry's rules.
By Shaurya Malwa|Edited by Sheldon Reback Jul 3, 2026, 12:04 p.m. 1 min readMake preferred on Share this articleMake preferred on
- President Trump defended the more than $1.4 billion he earned from crypto-related ventures last year, saying in a White House CNBC interview that there was “nothing wrong” or illegal about the income and that he wants the U.S. to lead in digital assets.
- Disclosures show Trump became the largest crypto earner in U.S. politics, with hundreds of millions tied to a self-branded memecoin, the World Liberty Financial platform he co-founded with his sons, and a stablecoin venture linked to Abu Dhabi's Sheikh Tahnoon bin Zayed Al Nahyan.
President Donald Trump said there is 'nothing wrong' with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry last year.
Asked in a CNBC interview on Thursday at the White House whether he knew about the ventures, Trump said "I could know about it. I didn't." He said that there was nothing illegal about his involvement and that his goal was for the U.S. to lead in crypto.
Trump handed day-to-day control of his businesses to his two eldest sons before taking office, and did not divest his assets.
The disclosure, released this week by the federal Office of Government Ethics, made Trump the largest crypto earner in U.S. politics.
It showed about $636 million tied to his eponymous memecoin, which was launched on the eve of his return to office, roughly $594 million from World Liberty Financial, the crypto firm he co-founded with his sons and nearly $197 million from a stablecoin venture.
The windfall has grown even as the market turned. Bitcoin is down roughly 50% from the record above $126,000 it set in October, and the sector has spent the first half of the year in a slump.
Donald Trump
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
By CoinDesk ResearchJul 13, 2026CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
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