President Donald Trump earned over $1.4 billion from cryptocurrency ventures even as many investors in his linked projects suffered heavy losses.
Trump earns $1.4bn from crypto as investors lose fortunes — WSJ
According to a report by The Wall Street Journal, about $800 million of Trump’s earnings came from World Liberty Financial, a crypto venture linked to him and his family that launched digital tokens and later expanded into stablecoins.
Meanwhile, roughly 85% of secondary-market buyers of World Liberty’s WLFI token are currently sitting on losses, while investors in the $TRUMP memecoin have seen the token plunge about 97% from its peak.
The disclosures have intensified scrutiny over potential conflicts of interest as lawmakers debate crypto regulation. The White House has denied any wrongdoing.
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