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Industry

“Market’s Going Up”: Donald Trump Defends His $1.2B Crypto Earnings

His comments came after financial disclosures revealed hundreds of millions of dollars in income from World Liberty Financial and the $TRUMP memecoin.

Written By Iyiola Adrian
Edited by Shubham Soni
Published 2026-07-01·Updated 3 months ago
Make The Crypto Times preferred on GoogleGoogle
Market’s Going Up”: Donald Trump Defends His $1.2B Crypto Earnings
Donald Trump, 45th and 47th U.S. President

Key Highlights

  • Trump defended his nearly $1.2 billion crypto earnings, saying they came from a strong market, not from using his position as president.
  • Trump earned about $550 million from World Liberty Financial and around $635 million from the $TRUMP memecoin.
  • The disclosure has renewed debate over possible conflicts of interest, while Trump and the White House say his investments are managed independently.

U.S. President Donald Trump defended the nearly $1.2 billion he earned from his family’s cryptocurrency businesses in 2025, saying his wealth has nothing to do with using his position as president for personal gain.

According to a CNBC report, Trump made the remarks while speaking to reporters on Wednesday before boarding a new Air Force One aircraft gifted by Qatar. He said he is simply benefiting from a strong financial market, just like many other investors. Trump also said he does not personally control his investments because they are managed through blind trusts.

“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump stated.

Trump rejects claims of personal financial gain

Responding to criticism that he may be using the presidency to enrich himself, Trump said professional fund managers handle his finances without his involvement. “I don’t get involved in my personal (finances), we have funds that run my money,” Trump said. “I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”

Trump also said he built a successful business career before returning to the White House.

“I don’t know if I’ve had a better career in politics or business, but I had a great career in business,” he said. “So we’re all profiting. I’m profiting because I have a lot of money and a lot of cash.”

Financial disclosure reveals billion-dollar crypto income

Trump’s remarks came a day after the U.S. Office of Government Ethics released a 927-page financial disclosure, giving the public a detailed look at his income during 2025.

The filing showed that Trump received nearly $550 million through his connection to World Liberty Financial, a crypto company launched in September 2024 by his sons alongside the son of U.S. Middle East envoy Steve Witkoff. The project has become one of the biggest sources of income linked to the Trump family.

The filing also showed that Trump earned around $635 million in royalties from the $TRUMP memecoin. The token was launched on the Solana blockchain just days before Trump returned to the White House in January 2025. 

According to the filing, the income came primarily from royalty payments related to licensing agreements tied to the project rather than from trading the token itself. The disclosure also listed more than $50 million worth of Bitcoin held through a Trump-affiliated entity.

Crypto business continues to face scrutiny

The financial disclosure has renewed scrutiny of Trump’s growing involvement in the cryptocurrency industry. Some critics have questioned whether a sitting president should earn so much from businesses connected to an industry that his administration has supported through friendly policies and lighter regulation.

Trump, however, rejected those concerns and insisted that he does not personally manage his investments. The White House has also defended Trump’s record on digital assets, saying his administration has helped turn the United States into a global leader in cryptocurrency.

Also Read: Vice President JD Vance Discloses $500K Bitcoin as Trump Crypto Haul Tops $1B

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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