Trump's $1.4B Crypto Profits Face Ethics Scrutiny Amid Bessent Defense

Treasury Secretary Scott Bessent has come to Donald Trump's defense over potential ethics concerns regarding his reported $1.4 billion crypto earnings.

Bessent said that Trump's cryptocurrency profits should not be viewed as an ethical conflict because his assets are managed through existing legal structures, according to Yahoo.

The total includes earnings from the TRUMP meme coin and over $526.8 million from World Liberty Financial, a crypto company launched by Trump with his sons Donald Jr. and Eric in 2024, reports The Hill.