Trump says 'nothing illegal' about massive crypto profits
- President Donald Trump sat down with CNBC's Joe Kernen in the Oval Office for an interview scheduled to air Thursday afternoon.
- Trump's annual financial disclosure revealed his cryptocurrency ventures generated more than $1.4 billion in 2025, including proceeds from World Liberty Financial and $TRUMP meme coin sales.
- Outside cryptocurrency, Trump's real estate portfolio including golf clubs and hotels brought in more than $500 million in 2025, while legal settlements added more than $80 million.
- The Labor Department reported nonfarm payrolls increased by a seasonally adjusted 57,000 for June, falling short of the Dow Jones forecast of 115,000, though unemployment dropped to 4.2%.
- Discussions in the Persian Gulf center on managing the Strait of Hormuz after the 60-day memorandum expires, as the U.S. proposed releasing frozen funds, though Iran reportedly refused.
48 Articles
48 Articles
Trump says that his children are under constant scrutiny of possible conflicts of interest because of the reach of the presidential office in almost every industry.
Donald Trump defended his family's business after publishing his annual wealth and financial interest report, which indicates hundreds of millions of dollars in cryptocurrencies. The American president claims that there is "nothing illegal or wrong in these activities and says he recommends to his children to be prudent in business.
Donald Trump Says ‘Nothing Wrong’ with $1.4B Crypto Windfall While in Office
The US President went on CNBC this week to answer questions about his 2025 financial disclosures, saying that there was “nothing illegal” or “wrong” about his $1.4 billion in crypto-related income.
Donald Trump recorded horrendous revenues from cryptocurrencies. But the criticism doesn't take long.
Donald Trump says there's 'nothing wrong' with his $1.4 billion crypto windfall
The president reported at least $1.4 billion in crypto income for 2025. He told CNBC he did nothing illegal and was not aware of the extent of his holdings. Critics say he is profiting from the office while his administration writes the industry's rules.

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