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dalton99a

(95,256 posts)
Thu Oct 16, 2025, 03:43 PM Oct 2025

Trump's Empire Rakes in Over $1B in Colossal Crypto Cash Grab

https://www.thedailybeast.com/donald-trumps-empire-rakes-in-over-1b-in-colossal-crypto-cash-grab/

Trump’s Empire Rakes in Over $1B in Colossal Crypto Cash Grab
The president’s son said the true total is “probably more.”
Janna Brancolini
Updated Oct. 16 2025 9:34AM EDT

President Donald Trump and his family have reaped more than $1 billion in crypto cash over the past year, thanks to an industry boom fueled by the administration’s own crypto-friendly policies.

And that’s just the realized profits.

On paper, Trump’s cryptocurrency ventures have boosted his net worth by billions of dollars, according to the Financial Times, which attempted to untangle the family’s vast web of opaque and largely unregulated ventures.

The Trump holdings include digital trading cards featuring images of Trump wearing a superhero cape, memecoins whose value is based purely on speculation, stablecoins pegged to the U.S. dollar, tokens, and a decentralized finance platform called World Liberty Financial that was co-founded by Trump’s sons Eric and Don Jr.

The ventures all promote their close ties to Trump—who campaigned on a promise to become the “first crypto president”—and his family.

The FT calculated that the WLFI token had raked in $550 million, while the $TRUMP meme coin brought in $362 million, the $MELANIA coin earned $65 million, and USD1 brought in $42 million.

Asked whether the calculations were accurate, Eric Trump told the FT the real figure was “probably more.”

The investors include foreign billionaires, funds tied to nation-states, and at least one person who was formerly investigated by U.S. authorities.

The president has also raked in millions of dollars’ worth of donations to his PAC with crypto industry fundraisers.

White House spokesperson Kush Desai told the FT that Trump had already built his business empire before entering politics.

“His sole motivation to leave behind his life of luxury to run for office was to save our country and people,” he said.

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Trump's Empire Rakes in Over $1B in Colossal Crypto Cash Grab (Original Post) dalton99a Oct 2025 OP
This whole White House charade is nothing FalloutShelter Oct 2025 #1
When the crypto collapses they will be holding worthless assets kimbutgar Oct 2025 #2

FalloutShelter

(14,626 posts)
1. This whole White House charade is nothing
Thu Oct 16, 2025, 03:47 PM
Oct 2025

But a HEIST.

How is any of this corruption not being challenged?

kimbutgar

(27,555 posts)
2. When the crypto collapses they will be holding worthless assets
Thu Oct 16, 2025, 04:57 PM
Oct 2025

Crypto is a scam. Can’t wait for it to happen asap!

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