Trump Defends Crypto Earnings Amid Allegations of Influence-Buying

US President Donald Trump defended his family's massive crypto earnings during a recent CNBC interview. When asked about the $1.2 billion in revenue from digital assets, he stated that 'there was nothing illegal' and 'nothing wrong' with it.

The comments came after a 927-page federal financial disclosure revealed Trump's significant holdings in crypto, including over $50 million in Bitcoin stored in a cold wallet.

Critics have questioned whether the value of his family's tokens stemmed from investment fundamentals or political access. According to economists like Peter Schiff, people are buying these tokens for access and influence rather than conventional investments.