'Everybody's profiting': Trump defends $1.4 bn crypto earnings
ONP Summary
President Trump reported approximately $1.4 billion in income from cryptocurrency ventures in 2025, with over $500 million coming from World Liberty Financial, the crypto exchange he co-founded with his sons. The disclosure, released Tuesday, came as the cryptocurrency industry has emerged as a major funder of the 2026 US elections, with over $189 million in documented contributions to date, including $82 million to the FairShake super PAC supporting pro-crypto candidates.
Progressive: Some progressive outlets connect Trump's reported cryptocurrency earnings to the crypto industry's unprecedented 2026 election spending campaign, and note that his holdings have benefited from his administration's pro-crypto policies.
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US President Donald Trump on Wednesday defended earning $1.4 billion from his family's cryptocurrency activities last year, saying "everybody's profiting" from his time in power.
Taking his maiden flight aboard a new Air Force One plane gifted by Qatar, Trump rejected criticisms that he was using his presidency to enrich himself.
"You know why I'm profiting, because the stock market's going up, everybody's profiting," Trump told reporters. ...