Trump Family Has Made over $1B in Profit on Crypto
a day ago
- #crypto
- #Trump
- #ethics
- Eric Trump stated that the Trump family's crypto ventures have profited over $1 billion.
- Their crypto businesses include NFT trading cards, meme coins, World Liberty Financial, and American Bitcoin.
- World Liberty Financial, co-founded by Trump and his sons, has generated over $550 million from its WLFI token.
- Trump's NFT trading cards and meme coins, launched in January, are part of the family's crypto portfolio.
- Critics, including Sen. Elizabeth Warren, have accused Trump of conflicts of interest in his crypto dealings.
- The Trump administration's pro-crypto bill, the GENIUS Act, faced delays due to ethical concerns.
- Social media reactions compared Eric Trump's comments to 'bragging' about profits amid ethical controversies.
- Some predict crypto will become a politicized issue in the next election.