Trump Talks About His Family’s Crypto Money – “A Little Bit Dangerous”
Donald Trump made greater than $1.4 billion from crypto final 12 months. On Friday, he mentioned he has “all the time felt” digital cash was “just a little bit harmful.”
Both info are on the document. The first sits in his personal monetary disclosure. The second got here from the Oval Office, a day after hackers stole about $6.3 billion from crypto change Binance.
Trump Called Crypto Risky Again on Friday
Reporters requested in regards to the Binance theft. Trump answered by speaking about paper checks.
“You know, the old style means whenever you used to signal a test… These are completely different. People by no means see the cash anymore. So I’ve all the time felt it was just a little bit harmful,” he said.
He has mentioned this earlier than. In July 2019, he wrote that crypto was “not cash” and “based mostly on skinny air.” In June 2021, he informed Fox Business that Bitcoin (BTC) “looks like a rip-off.” That December, he known as crypto “a really harmful factor.”
Where Trump’s $1.4 Billion in Crypto Money Came From
Then the household went into enterprise. Trump’s 2025 disclosure lists the revenue.
The largest line was $636 million from a license deal for the TRUMP meme coin, a token offered on his identify and picture. Another $515 million (or extra) got here from token gross sales at World Liberty Financial, the crypto agency he co-founded along with his sons.
World Liberty additionally points USD1, a token constructed to remain value $1. Most of it has sat on Binance, as BeInCrypto reported in February on Binance’s grip on USD1.
In October 2025, Trump pardoned Binance founder Changpeng Zhao. The White House mentioned the sooner prosecution mirrored a “want to punish the cryptocurrency business,” in response to PBS.
What Americans Think of Trump’s Crypto Money
A Reuters/Ipsos ballot reported in August discovered 63% of Americans name Trump’s crypto profits inappropriate.
Trump spoke 4 days earlier than Tuesday’s midterm elections. Binance says its clients is not going to lose cash. Trump’s reply was two phrases.
“We’ll see.”
The submit Trump Talks About His Family’s Crypto Money – “A Little Bit Dangerous” appeared first on BeInCrypto.
