Trump Denies Knowledge of Family's $1.2 Billion Crypto Earnings Despite Financial Statements

President Donald Trump has denied any knowledge of his family's $1.2 billion in cryptocurrency earnings, despite financial statements revealing over $1.2 billion in profits from crypto ventures.

In an interview on July 2nd with CNBC, Trump stated that he had no involvement in the family business and was unaware of their crypto earnings. He attributed this to his sons running the family business while he has no direct role.

The financial disclosure report published by the US Office of Government Ethics revealed a total revenue of approximately $2.2 billion, with cryptocurrencies being the largest contributor, outearning real estate investments, licensing deals, and legal settlements.

The World Liberty Financial, created in September 2024, earned between $515-$580 million through token sales and other transactions in a single year, while the TRUMP meme coin generated around $635 million in income. This indicates strong growth during the year 2025 as digital asset markets were developing.