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Trump says he didn't know about family's lucrative crypto ventures
USA Today • • nation
Key Points:
- President Donald Trump stated he was unaware of his family's cryptocurrency ventures that generated over $1.4 billion since his return to the White House, as revealed in his 2025 financial disclosure.
- The disclosure showed Trump earned $2.2 billion in 2025, with nearly $800 million from World Liberty Financial, co-founded by his sons, and $635 million from the sale of his $TRUMP meme coins.
- Trump's opponents criticize the earnings, alleging he used the presidency to significantly increase his wealth, while Trump emphasized the importance of leading in crypto and AI to compete with China.
- Trump credited his sons and other managers for handling his investments and attributed his financial success partly to a strong stock market and business acumen.
- Since his second term began, Trump has actively promoted the $TRUMP meme coin and implemented policies favorable to the cryptocurrency industry, including easing federal regulations and enforcement.
