US President Donald Trump recorded around $1.2 billion in income from his family’s cryptocurrency activities during his first year back in office, according to financial disclosures released Tuesday by the US Office of Government Ethics. The 927-page filing shows Trump received nearly $550 million from his ties to World Liberty Financial, the crypto platform co-founded in September 2024 by his sons and the son of his Middle East envoy, Steve Witkoff. Separately, the disclosures list $635 million in royalties tied to a licensing agreement for the $TRUMP cryptocurrency, which launched just hours before his inauguration in January 2025.
The president’s crypto dealings are the single biggest driver behind a near-tripling of his personal fortune, which climbed from $2.3 billion to $6.5 billion between 2024 and 2026, according to Forbes. Beyond World Liberty Financial and its token, Trump has also earned several million dollars from shares in publicly listed crypto firms such as Coinbase, alongside income from Trump-branded merchandise — and over $208,000 from Bible sales in partnership with country singer Lee Greenwood.
The disclosures have reignited longstanding conflict-of-interest concerns, given that Trump has pushed through several measures deregulating the crypto sector as president while personally profiting from it. The White House has firmly rejected the criticism. Principal Deputy Press Secretary Anna Kelly said neither the president nor his family has ever engaged in a conflict of interest, insisting Trump has “proudly made the United States the crypto capital of the world,” and dismissed news reports as a recycled, politically motivated narrative.
Leave feedback about this
You must be logged in to post a comment.