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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLet this sink in - Trump filing shows he took in about $1.2 billion from crypto businesses last year
https://apnews.com/article/trump-financial-disclosure-crypto-060c15062b8fedc6104159ea13775463NEW YORK (AP) President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took him decades to accumulate. Fueling their rise were billionaire investors and Trumps own move to quash a federal crackdown on the industry.
Trump got more than $500 million from his World Liberty Financial business selling new crypto products, including governance tokens, according to the required annual disclosure report with the Office of Government Ethics. It also showed another crypto business, CIC Digital LLC, took in more than $600 million from sales of souvenir-type meme coins stamped with his face.
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Corruption on steroids
AZJonnie
(4,228 posts)"$600 million from sales of souvenir-type meme coins stamped with his face."
Really? People spent THAT much on that bullshit? I don't buy it. But of course he's loaded the regulatory agencies with cronies and he cannot be audited (is that for sure now?) and he runs the DoJ, so it's just fucking open season for that motherfucker
Orrex
(67,564 posts)KS Toronado
(24,226 posts)Orrex
(67,564 posts)mnmoderatedem
(3,920 posts)that may replace but..but..but.. her emails, in the republican vernacular
OGBuzz
(876 posts)It's like comparing a camels hump to Mount Everest. The Trumps have cashed in $2.29 billion on crypto ventures alone while their investors lost $2.28 billion. MAGAts will defend this to their last breath.
sop
(19,944 posts)Like Trump, he earned a modest salary as Chancellor, which he waived, but he amassed massive wealth from a variety of sources. He set up the "Adolf Hitler Fund of German Industry," a personal slush fund to rake in corporate "contributions." He earned huge sums through the mandatory sales of his book, 'Mein Kampf.' And he charged the German Post Office for the use of his portrait on postage stamps. Trump has a good role model.
malaise
(299,788 posts)That is all
Joinfortmill
(21,963 posts)Vinca
(54,567 posts)Makes me think of an interview I saw once of a woman who divorced her MAGA husband after he took out a second mortgage on their home to buy into one of Trump's schemes.
bdamomma
(69,688 posts)doesn't want to pay E Jean????? WTF!!!!!!!! I wish he was in a crypt!!!!!!
Blue Owl
(60,148 posts)Kid Berwyn
(25,554 posts)An anabolic example: Steve Witkoff $pecial Envoy sold out America by advising Putin how to approach Trumpski re Ukraine. He also travels on the taxpayers' expense to fill up Trump's virtual and offshore pockets via World Liberty Financial, as well as his own, of course.

Anatomy of Two Giant Deals: The U.A.E. Got Chips. The Trump Team Got Crypto Riches.
A lucrative transaction involving the Trump familys cryptocurrency firm and an agreement giving the Emiratis access to A.I. chips were connected in ways that have not been previously reported.
By Eric LiptonDavid Yaffe-BellanyBradley HopeTripp Mickle and Paul Mozur
Reporting from Washington, New York, London, Dubai, San Francisco and Taiwan
The New York Times, September 15, 2025
This summer, Steve Witkoff, President Trumps Middle East envoy, paid a visit to the coast of Sardinia, a stretch of the Mediterranean Sea crowded with super yachts.
On one of those extravagant vessels, Mr. Witkoff sat down with a member of the ultrarich ruling family of the United Arab Emirates. He was meeting Sheikh Tahnoon bin Zayed Al Nahyan, a trim figure in dark glasses who controls $1.5 trillion of the Emiratis sovereign wealth.
Snip...
Over the past few months, Mr. Witkoff and Sheikh Tahnoon had become both diplomatic allies and business partners, testing the limits of ethics rules while enriching the president, his family and his inner circle, according to an investigation by The New York Times.
At the heart of their relationship are two multibillion-dollar deals. One involved a crypto company founded by the Witkoff and the Trump families that benefited both financially. The other involved a sale of valuable computer chips that benefited the Emirates economically.
Snip...
In May, Mr. Witkoffs son Zach announced the first of the deals at a conference in Dubai. One of Sheikh Tahnoons investment firms would deposit $2 billion into World Liberty Financial, a cryptocurrency start-up founded by the Witkoffs and Trumps.
Two weeks later, the White House agreed to allow the U.A.E. access to hundreds of thousands of the worlds most advanced and scarce computer chips, a crucial tool in the high-stakes race to dominate artificial intelligence. Many of the chips would go to G42, a sprawling technology firm controlled by Sheikh Tahnoon, despite national security concerns that the chips could be shared with China.
Continues...
https://www.nytimes.com/2025/09/15/us/politics/trump-uae-chips-witkoff-world-liberty.html
The only reason the US dollar remains the currency of global capitalism are the trillions of dollars offshore and the loot narco etc kingpins have stuffed in the walls of their villas.
malaise
(299,788 posts)Rec
FakeNoose
(43,130 posts)Why isn't the DoJ investigating this? (... don't bother answering, it's rhetorical.)
Bettie
(20,033 posts)that wasn't reported.
Will we ever have an honest man in office again? And yes, I said Man. There is no way this racist, misogynist country ever elects another person who isn't white AND male again.
The US is not the country I was taught it was.
That is a gut punch some days, to have grown up believing that we're mostly good people with a few bad apples only to discover that we're a barrel full of rotted apples with a few good ones.
malaise
(299,788 posts)linked to the slave trade and versions of said song we still sing in the English speaking Caribbean. The original lyrics are about the thieves who run the world,
All this to say that the effin scoundrels are everywhere and have been around for centuries. There are very few countries on our planet that actually give a shit about their citizens.
dalton99a
(96,375 posts)
https://www.nytimes.com/2026/06/30/us/politics/trump-financial-disclosure-crypto-windfall.html
Trump Pulled in at Least $2 Billion After Returning to the White House
The release of a mandatory financial disclosure for 2025 shows that the Trump familys holdings, particularly the presidents crypto businesses, were stunningly lucrative.
By Ben Protess, Andrea Fuller, Eric Lipton and David Yaffe-Bellany
June 30, 2026
President Trump reaped a stunning windfall in his first year back in the White House, including about $1.4 billion from his familys cryptocurrency businesses, a new filing shows.
All told, the president pulled in at least $2.2 billion, a figure that includes other parts of his vast holdings, such as his real estate assets. That compares to a minimum of $622 million his enterprises pulled in for all of 2024, before he returned to the presidency.
One of his biggest hauls in 2025 came when an investment firm tied to the United Arab Emirates bought nearly half of the Trump familys main crypto company, World Liberty Financial, a transaction that blurred the line between foreign policy and private enterprise.
Mr. Trump also collected hundreds of millions of dollars from sales of his $TRUMP memecoin and World Libertys sale of its own digital tokens.
The results, detailed in Mr. Trumps mandatory financial disclosure report for 2025 and released on Tuesday, pulled back the curtain on the presidents business operations. His crypto ventures, the report shows, are now some of his most lucrative enterprises, a remarkable turnabout for a man who once slammed crypto as a haven for drug dealers and scammers.
The presidents finances, which had been something of a mystery, highlight a conflict in his crypto business: Mr. Trump is a major crypto industry operator and its top policymaker.


....
https://www.nytimes.com/2026/06/30/us/politics/trump-moneymaking-presidential-history.html
Trumps Moneymaking Run: Unrivaled in Presidential History
The presidents move to open new business ventures, rather than eliminate potential conflicts, defies a long-held tradition.
By Eric Lipton
June 30, 2026
President Lyndon B. Johnsons wife owned a profitable radio station. George W. Bush was on the board of an oil company while his father was in the White House. And Hunter Biden was paid by a Ukrainian natural gas company while his father was vice president.
But never before in American history has there been anything like Donald J. Trump, a president who in his first year back in office has collected about $1.4 billion in new revenues from cryptocurrency businesses that directly benefited from his actions as president, a financial disclosure report made public on Tuesday shows.
Overall, Mr. Trumps revenue in 2025 jumped to at least $2.2 billion, compared with a minimum of $622 million in 2024 before he returned to office.
It is completely unprecedented, said Megan Gorman, a tax attorney and the author of a recent book, All the Presidents Money, that studied the history of presidential wealth dating back 250 years.
Generally, throughout history, Ms. Gorman and other historians said, American presidents have taken actions to try to separate themselves from corporate entanglements that might create conflicts.
Public office, if anything, was a source of debt, not a source of revenue, said Lindsay M. Chervinsky, a historian and the executive director of the George Washington Presidential Library at Mount Vernon.
....
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Scamming, stealing, looting and grifting like never before
FakeNoose
(43,130 posts)Why is Chump taking credit for this? That's my question.
Or maybe he's a silent partner, so his name is on all of it...? I don't know. He should have distanced himself from everything, but this just shows how deep the corruption really goes.
kentuck
(116,127 posts)Because he lies about everything.
Why should we believe the numbers on this report?
malaise
(299,788 posts)Lock him up.
Melon
(1,909 posts)Who buys this??