Trump Defends Family Crypto Earnings: 'Nothing Illegal, Nothing Wrong'

US President Donald Trump recently defended his family's crypto earnings during an interview with CNBC, stating that there was 'nothing illegal' and 'nothing wrong' with the businesses generating billions of dollars while he serves in the White House.

The comments came after new federal financial disclosures detailed the scale of his digital asset holdings and crypto-related income, renewing debate over whether a sitting president's private business interests can coexist with public office.

The 927-page document released by the US Office of Government Ethics showed Trump brought in more than $2.2 billion in 2025, with the bulk of it coming from crypto. This included $594 million from World Liberty Financial (WLFI), a DeFi venture he co-founded with his sons, and $636 million from sales of Trump-branded meme coins.

Critics contend that the value of these tokens stemmed more from political access than investment fundamentals. For example, economist Peter Schiff claimed in his latest podcast that people were buying Trump-branded tokens to gain access and influence instead of making conventional investments.