Trump Reveals More Than $1.2 Billion in Crypto Income and $50 Million Bitcoin Holdings

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alex.shardLegendary
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#1May 29, 2017, 03:29 AM
So, there’s been a lot of buzz about this, and the U.S. Government Ethics office just dropped President Trump's financial disclosure for this year, showing he scored big with his crypto investments in 2025. Overall, he made over $1.2 billion from various crypto projects. He’s also got more than $50 million stashed in Bitcoin and between $5 million and $25 million in Ethereum, plus some other digital currencies. Interestingly, over $635 million of that came from his meme coin, mainly through royalties from a deal with Celebration Coins. He also reported net earnings of more than $588 million from token sales handled by World Liberty Financial, which is a DeFi and stablecoin project run by Trump and his business partners. It’s worth mentioning that all of Trump’s tokens are now trading at much lower prices compared to their launch.
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the_k1ngSenior Member
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#2May 29, 2017, 06:27 AM
Anyone who has followed Trump just a little bit would know that he is a highly corrupt businessman, probably the most sleazy of all the billionaires. He will say the right things trying to secure any deal, but then not uphold his side of the bargain and usually screw the opposite party out of money. You can see the same type of practices leaking into his politics, but now he has a different type of power to wield over his cult fans. It's only the sheep who followed him blindly, who are marketed at relentlessly to empty their pockets, who ultimately paid for this fortune and I'm not sure anyone should have sympathy for them when considering the mess he's made of America. He will continue to corruptly enrich himself, close associates and family for the next couple years - probably cranking it up along the road at, especially as he will be jealous of Elon Musk.
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nick2013Senior Member
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#3May 29, 2017, 12:31 PM
And that's just for 2025. Some folks remember how he scammed a number of NFT collections on Polygon a few years ago. Those were some silly looking cards that he was selling at a certain price and then kept banking on the royalties. The hilarious part is that he kept launching basically the same looking silly cards again and again as new collections and people kept purchasing them.
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ninja_viperFull Member
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#4May 29, 2017, 04:12 PM
I believe that every businessman has some level of corruption attached to them so it shouldn't look like a surprise to us. Trump always brags about being a businessman even before he was president but things we're seeing now, how he used his presidential position to promote his coin and all that should tell us how opportunistic he can be and even though he can't get to Musk's level, he'd be doing his bit to continue amassing wealth, no matter what means.
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dav3v1perSenior Member
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#5May 29, 2017, 06:07 PM
The thing about Trump is that he knows exactly what the right-wing section of America wants to hear, and he says it. He even pleases the extreme right with his words, so no matter what he does, people will still support him. He's not only a successful businessman, but he is also a smart politician. But people mistake a good politician for a good leader. To top it all up, he has done it with this hypocritical Christian narrative. Making naive Christians think that because someone talks about Jesus or whatever, then what they are saying is right or something. Meanwhile, it is the opposite. What they did during the Super Bowl halftime show was an example of this. They said it was a sin to watch girls twerking and all that, so they organised their own show, but ironically enough, the Super Bowl halftime show promoted love and unity that Jesus preached, while their own show promoted division. Trump has gotten to a level where people will always support him no matter what, or at least, make excuses for him.
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calmaltFull Member
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#6May 30, 2017, 11:58 AM
Are you talking about the WLFI that they are seizing whales money but the coin continue to fall? In short that is thievery but anyone can not do anything and Justin Sun is really pained as he see his money getting devalued while Trump is making money. After this was disclosed yesterday, a news said Trump earned more from crypto than real estate in 2025.
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degen_satoshiFull Member
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#7Jun 1, 2017, 03:52 AM
If someone else is in the place of trump today, making this amount of money from crypto in 2025 alone I can bet with you that Trump will go after that person, the question now is who is going to go after him? No one I guess, because he has made sure that no allegations will come or arise, he himself will claim to have changed alot of people's life, rather than stealing from anyone, they were never forced to begin with. A daring way to steal and still be on your right, well done Trump, thumbs up for that man, in the face of the law is did nothing wrong, compared to the problem that Micheal Saylor created for himself.
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#8Jun 1, 2017, 09:40 AM
Agreed. No matter how much they try to keep their image clean in public, I believe many elites have some form of corruption behind their success. I once watched a video saying that if you want to become very rich, you'll have to step on others to lift yourself up. It sounds funny, but I think there's some truth to it. Among many elites, millionaires, and billionaires, I believe at least some of their wealth comes from questionable or dirty money. I've also heard people say that if you want to succeed in business, you need to let go of some of your guilt and conscience. That's just how capitalism works sometimes. Actually, I'm not surprised by Trump's earnings from crypto. He has the resources, the money, and the influence. I think his crypto earnings will only grow over the years. What I'm really waiting for is for him to launch a new memecoin.
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sat_foxMember
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#9Jun 1, 2017, 02:22 PM
Interesting disclosure. The gap between the earnings at the top and the retail holders left holding bags is exactly why people are looking for more transparent trading platforms. The crypto space needs better infrastructure not just more meme coins.
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whale777Full Member
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#10Jun 1, 2017, 06:07 PM
Is it wrong for the Potus' Family to engage in crypto related activities, the crypto clarity act that was passed by the house, doesn't contain in it the elimination of the Presidents family from participating in crypto investments, trading, and stock buying, democrats wants that implemented, which is the ground of my question?
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ninja_viperFull Member
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#11Jun 1, 2017, 06:28 PM
Elon Musk, who is the richest man in the world right now didn't achieve that by being a goody two shoes. Read about a time when Neuralink was experimenting on rats, monkeys and pigs brains to test the viability of their products and the deadly extent of this could have been swept under the carpet had Neuralink not been faced with a lawsuit in 2022.
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sam.bullSenior Member
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#12Jun 1, 2017, 10:24 PM
Oh well I doubt insider trading would be added to this He really has gotten alot of the crypto market. uhhh why? I never knew anybody would want this What benefit would it bring? Mind you if you believe you would make from entering early and seeing the price go to heaven Then you wrong Trump and Melania coin are examples of what happens to memecoins Especially ones own by Someone that's good at taking profit.
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its_cipherSenior Member
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#13Jun 2, 2017, 11:55 PM
It's not surprising that Trump has used his position of power to enrich himself. This is because he is primarily a businessman, not a politician. There is a significant difference between these roles. A businessman prioritizes profit, while a politician prioritizes their actions that will make them a part of history. Instead of focusing on great deeds, a businessman generates images of themselves in grandeur, which can only elicit a chuckle. In reality, Trump is the most authentic American president, fully embracing the spirit of entrepreneurship.
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fullnodeSenior Member
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#14Jun 3, 2017, 06:44 AM
There are still some people who will continue celebrating Trump, no matter how much value he keeps extracting from investors. Trump has nearly tripled his net worth and enriched his family doing things that would normally be considered a conflict of interest. Meanwhile, Bitcoin has fallen to the same levels it was during Biden’s term, when Gary Gensler was around. Electing a so-called “crypto President” did not benefit crypto in the way people expected it would and has instead made people more likely to believe that the whole thing is nothing but scams.
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quantumninjaFull Member
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#15Jun 3, 2017, 08:04 AM
The country must know its heroes. Isn't this a great advertisement for cryptocurrencies and bitcoin? Isn't this an abuse of power a clear conflict of interest when the current president actively passes laws related to the regulation of crypto currencies and simultaneously makes money on crypto currencies? Otherwise, where would the revenue for half a billion meme coins come from?
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5h4rd_2015Full Member
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#16Jun 3, 2017, 12:42 PM
Trump is primarily a businessman; he is not president in the sense that his constituents wanted him to be. Therefore, it is not surprising that he "climbs over people (to get ahead)" for the sole purpose of earning money. By saying one thing today and not fulfilling his obligations in the morning, he fully proved his nature as someone who makes a profit by fraudulent means. His goal has been achieved by becoming president, and then he does everything he did before. "No real wealth is honestly obtained" is a familiar phrase for everyone, and it should not be surprising that Trump knows how to make money with power and at the same time copes well with it.
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humblefarmSenior Member
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#17Jun 3, 2017, 04:58 PM
The Constitution might not expressly state that his family shouldn't be involved in the crypto business, but it is ethically wrong. There might be a conflict of interest since it is federal laws shape the crypto industry. Democrats in the House of Representatives supported the bill before Trump’s annual financial disclosure. I am sure they would not have supported it if they had seen how much the president and his family have made from the industry.
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raven1337Hero Member
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#18Jun 5, 2017, 11:33 AM
Announcing 1.2b income from grifting people who bought his meme and invested in any of projects linked to his family. It gets worsen with how the headline makes it sounds he's a master of investing. At this point i finally come to conclusion if he has no shame. How many % of 1.2b came from his Trump and Melania meme. How many % of 1.2b came from his insiders in polymarket. How many % of 1.4 came from his WLFI project. This the consequence when CEO is running a country. He uses his position as a president to justify all of bad things he has done.
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whale777Full Member
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#19Jun 5, 2017, 12:11 PM
They're not soothsayers, neither are they seers, the problem with Democrats is that they're anti Trump, for these people, nothing good would make it out of his family unnoticed, although it complicates to have the President's family involved in financial investments like bitcoin, they could tag it using state money to fill up their pockets. But, Trump's case is different, he's been a well known business man before getting into Office, the fact he got there as the President of America shouldn't stop his family from continuing his business, suppose investing in cryptocurrency was a part of his numerous ventures.
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k3vin4peSenior Member
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#20Jun 5, 2017, 02:15 PM
I don't think anyone would go after him, what only surprises me at times was that Trump hated and talked against Bitcoin some time ago, only to become president and now fell in love with crypto or perhaps even before the election. If you are the one who made such profits and you don't want anyone to come for you, then you must avoid central exchange which ask for your KYC because they can know your information from there and track you but when you are using just DEX and p2p, I guess you will not be known because your ID can't be known.
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