CoinDeskJul 01, 02:27 AM
CoinDesk Reports Trump Earned More Than $1 Billion From Crypto Ties
CoinDesk reported that Donald Trump received more than $1 billion through cryptocurrency-related ties as the industry moved toward a slump.
ReadDecryptJul 01, 01:21 AM1 min
Trump Reports More Than $1.2 Billion in Crypto Earnings and $50 Million in Bitcoin Holdings
President Donald Trump disclosed more than $1.2 billion in crypto earnings and $50 million in Bitcoin holdings in his annual financial report, released Tuesday.
What happened?
President Donald Trump disclosed more than $1.2 billion in crypto earnings and $50 million in Bitcoin holdings in his annual financial report, released Tuesday.
Why it matters
The filing matters because it provides a formal account of the president’s financial exposure to the crypto sector, including both earnings and direct Bitcoin holdings.
President Donald Trump reported more than $1.2 billion in cryptocurrency earnings and $50 million in Bitcoin holdings in his annual financial disclosure released Tuesday.
The filing matters because it provides a formal account of the president’s financial exposure to the crypto sector, including both earnings and direct Bitcoin holdings.
The disclosed crypto earnings substantially exceed the value attributed to his Bitcoin position. The source material does not provide a breakdown of how the earnings were generated or how the Bitcoin holdings were valued.
The annual report adds to the public record surrounding Trump’s financial interests. No additional assets, transactions or time periods were detailed in the supplied information.
