President asserts his substantial crypto profits are perfectly fine
President Donald Trump indicated on Thursday that he was unaware of the full scale of his digital asset holdings, asserting that there was nothing unlawful regarding his involvement, in light of revelations concerning the cryptocurrency gains of his family companies. Earlier this week, Trump disclosed earnings of at least $1.4 billion in 2025 from firms associated with cryptocurrency and memecoins. The president, having delegated the management of his business operations to his two eldest sons, was enquired by source regarding his awareness of the crypto ventures. “I could know about it,” Trump said in an interview at the White House. “I didn’t.” In the financial disclosures, Trump indicated earnings of approximately $594 million from World Liberty Financial, which he and his sons co-founded, around $636 million in income associated with his memecoin venture, and nearly $197 million from an equity sale linked to Stablecoin Holdco. “There’s nothing illegal. There’s nothing wrong with it. I could know,” Trump said about his dealings with the family business.
A former critic of cryptocurrency, Trump transformed into a proponent of the sector during the 2024 election. Upon returning to office, he has supported policies and legislation perceived as advantageous for crypto investors. The financial disclosures intensified apprehensions among detractors that Trump, who refrained from divesting his assets during his presidency, might be benefiting from his position as the nation’s leader. Critics have consistently alleged that he conflates his official responsibilities with his personal financial interests. The president stated in the interview that his objective was to secure the United States’ dominance in the cryptocurrency sector. “You look at it the way it’s grown over the years, you have believers, you don’t have believers, you know, whatever it is, but it’s a big deal, and anything we do, I want to be number one in, and we’re number one in crypto,” Trump said.
The president appeared to convey empathy for his children, considering the influence his role in office had on managing the business and the suggestion that they might possess insider information for their transactions. “It’s pretty tough in that sense. I tell my kids: stay away from as much as you can stay away from. But they also have a life,” Trump said. The financial disclosure, released Tuesday by the US Office of Government Ethics, detailed over 680 pages of transactions, encompassing purchases and sales of equities such as Amazon.com and Apple. Nvidia Corp., Microsoft Corp., Netflix Inc., and Exxon Mobil Corp. were among the most actively traded equities in his portfolio.
Trump stated that he did not communicate with those responsible for managing his investments. “I’ve made a tremendous amount of money, more than I would have ever thought I would have made. And I let people invest it,” he added. “I don’t even know who they are. But it’s given to big firms.” Trump acknowledged reporting about his holdings in Nvidia. “I think it’s very small,” he said. “I think it’s one of many companies that one of the big Wall Street firms invests in.” The White House has rejected claims that Trump’s financial assets pose a conflict of interest. Following the public disclosures earlier this week, Trump minimised his earnings and asserted that he was affluent prior to assuming office.
