Guavy AI Editorial TeamSentiment: -4Clout: 30

$1 Billion Windfall: Trump's Crypto Empire Exposed

US President Donald Trump has made over $1 billion from cryptocurrency in just one year, according to his latest financial disclosure. This astonishing figure has sparked outrage among critics, who accuse him of using his public office for personal gain.

The revelation comes after Trump called cryptocurrency a 'scam' only two years ago. Now, it appears that he and his family have become major players in the crypto market, with three different types of digital assets generating enormous profits.

One of these assets is the $TRUMP memecoin, launched just before Trump's inauguration in 2025. This coin has no real business behind it, deriving its value from investor hype and speculation. The Trump-affiliated companies hold about 80% of the supply, collecting a fee on every trade.

Another asset is the governance token WLFI, issued by World Liberty Financial, which was co-founded by the Trump family and their business partners in 2024. A Trump business entity owns about 60% of the company, entitled to 75% of net proceeds from token sales.

The stablecoin USD1 has also generated significant profits for Trump's ventures. Binance, the world's largest crypto exchange, reportedly wrote the computer code underpinning USD1 and promoted it on its platform. When MGX, an Abu Dhabi state fund, invested $2 billion in Binance and paid in USD1, it created $2 billion of interest-earning reserves for Trump's venture.

The exact mechanism behind these profits is complex, but the basic principle involves convincing people to use their stablecoin and hand over dollars, which are then used to buy US Treasury bonds. This earns interest on the bonds, with the potential for enormous returns.

Trump's critics argue that this is a clear example of institutionalized corruption, with the president using his office to enrich himself and his family at the expense of others. The lack of transparency in these transactions has raised concerns about the rule of law and the integrity of the US financial system.