Trump's Crypto Haul Tops $1.4 Billion in First Year Back

His 927-page disclosure shows $1.43bn in crypto income, most of it from the $TRUMP meme coin and his sons' firm World Liberty Financial.

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Donald Trump made more than $1.4 billion from crypto in his first year back in the White House. The number comes from his own mandatory financial disclosure, a 927-page filing that puts a precise figure on it: $1,430,390,415. His total income for the year was at least $2.2 billion. A year earlier, before he returned to office, he disclosed just over $600 million.

Where the money came from

Most of it traces to two family ventures. Trump reported $635 million in royalties from Celebration Coins, the entity thought to sit behind the $TRUMP meme coin he launched days before his inauguration. That token has plunged since. Another $500 million and change came from World Liberty Financial, the crypto firm founded by his sons and the children of special envoy Steve Witkoff.

The conflict question

The White House says there is nothing wrong here. Deputy press secretary Anna Kelly said neither the president nor his family "has ever engaged, or will ever engage" in conflicts of interest, and credited Trump with making the US "the crypto capital of the world." Trump has placed his businesses in a trust run by his sons, and he has pointed out that he is not bound by federal conflict of interest law. Asked about the haul, he said everyone was profiting from a rising stock market and that he does not manage his own money.

Richard Painter, chief White House ethics lawyer under George W Bush, did not hedge. "Of course it's a conflict of interest," he told the BBC, calling the sum extraordinary.

From scam to windfall

The reversal is the story. Trump called Bitcoin a "scam" and a "disaster waiting to happen" back in 2021. On the campaign trail he promised to make the US the "crypto capital of the planet," and one of his first acts back in office was an executive order to "support the responsible growth" of the industry. The disclosure shows who grew.

The contrast with past presidents is sharp. Will Walker-Arnott of Raymond James Wealth Management noted that Jimmy Carter put his peanut farm in a blind trust and George W Bush sold his stake in the Texas Rangers before taking office. Trump is running the family crypto business and the country at once.

Sources

Disclosure

Our stories are produced with a combination of human writers and AI tools, and every article is reviewed by a human editor before publication. Read more in our editorial policy. This article is for informational purposes only and is not financial, investment, or legal advice. Crypto assets are volatile and you can lose money — always do your own research.