Financial Times: Trump family earns over $1 billion in one year through cryptocurrency business
According to a report by the Financial Times, based on an investigation, US President Donald Trump and his family have earned over $1 billion in pre-tax profits from cryptocurrency businesses in the past year.
The investigation revealed that the Trump family's cryptocurrency empire includes multiple projects such as digital trading cards, meme coins, stablecoins, tokens, and decentralized finance platforms. Among them, the TRUMP and MELANIA meme coins generated approximately $427 million in sales and transaction fee revenue. The World Liberty Financial platform earned $550 million through the sale of WLFI governance tokens, while the USD1 stablecoin achieved sales of $2.71 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
ZAMA gains traction as 24h trading volume surges
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.
