“Nothing Wrong” — Trump Defends $1.4 Billion Crypto Windfall While Running Crypto Policy

TLDR

• Trump disclosed earning $1.4 billion from crypto ventures in 2025 while in office
• Income came from his memecoin ($636M), World Liberty Financial ($594M), and a stablecoin venture ($197M)
• Trump told CNBC there was “nothing wrong” or illegal about the earnings
• Critics say he is profiting from the presidency while his administration writes crypto rules
• Crypto industry has spent $189 million on 2026 election contributions so far

President Donald Trump defended his crypto earnings after federal disclosures showed he made at least $1.4 billion from digital asset ventures in 2025. He made the comments in a Thursday interview with CNBC at the White House.

The disclosure was released by the US Office of Government Ethics. It made Trump the largest crypto earner in US politics.

Where the Money Came From

The breakdown showed roughly $636 million tied to his memecoin, Official Trump, which launched the day before he returned to office. Around $594 million came from World Liberty Financial, a crypto firm he co-founded with his sons. A stablecoin venture accounted for nearly $197 million more.

Trump handed day-to-day control of his businesses to his two eldest sons before taking office. He did not divest his assets.

In total, Trump reported over $2 billion in income from businesses and investments in 2025. Crypto made up the majority of that figure.

Critics Push Back

Advocacy groups have called the earnings a “grift.” They argue Trump is in a position to shape crypto legislation while personally profiting from the industry.

His administration is currently involved in discussions around the Digital Asset Market Clarity Act. Legislation to ban central bank digital currencies is also awaiting his signature.

She said investors who believed in Trump’s ventures may have suffered real financial harm.

The earnings come as Bitcoin has dropped roughly 50% from its record high above $126,000 set in October. The broader crypto market spent the first half of 2026 in a slump.

Crypto’s Growing Political Spending

The crypto industry has been increasing its political spending. After putting a reported $170 million toward the 2024 elections, industry-linked groups have contributed $189 million toward 2026 races as of June, according to consumer advocacy group Public Citizen.

That figure makes up the bulk of $294 million spent by crypto, AI, Big Tech, and online betting companies in the current election cycle.

All 435 House seats and 35 Senate seats are up for grabs in 2026. Trump’s term runs until January 2029.

Trump previously called Bitcoin a “scam” after his first term. He later changed his position ahead of the 2024 election, building ties with figures across the crypto industry.

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