Guavy AI Editorial TeamSentiment: -3.2Clout: 40

Trump's Crypto Coup: President's $1.2 Billion Earnings Spark Corruption Fears

US President Donald Trump's cryptocurrency ventures have generated nearly $1.2 billion in earnings last year, according to an Office of Government Ethics filing.

The majority of this income came from two sources: World Liberty Financial and CIC Digital LLC. The former earned over $500 million from the sale of governance tokens, while the latter brought in more than $600 million from the sales of Trump-branded 'meme' coins featuring his image.

However, both the tokens and coins have since plummeted in value. Forbes estimates that Trump's net worth has increased to $6 billion, up from $2.3 billion in 2024.

This news comes after Trump was criticized for promoting his cryptocurrency ventures during UFC Freedom 250. Critics argue that this is just another example of the president's self-serving actions and potential conflicts of interest.