Trump Says He Did Not Know About $1.4B Crypto Income
Donald Trump said he did not know how much he earned from crypto ventures in 2025, while rejecting claims that the income was illegal.
Key Points:
Trump Crypto
Trump made the comments in a CNBC interview after the release of his 2025 financial disclosure, which showed at least $1.4 billion in crypto income.
The disclosure said the income came mainly from licensing deals tied to the TRUMP meme coin (TRUMP) and sales of the World Liberty Financial token (WLFI).
Trump said he did not know about the earnings, though he added that he could know if he wanted to. He also said there was “nothing illegal” about knowing, even as critics raised concerns over conflicts of interest.
The comments followed an earlier defense of his market gains, which Trump linked to the stock market rally. At that time, he did not address the crypto income shown in the disclosure.
His family’s crypto activity has drawn wider scrutiny since the launch of the Trump-linked meme coins last year, including MELANIA (MELANIA). Those tokens, along with WLFI, have fallen sharply from their all-time highs.
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Crypto Policy
Trump also repeated that the U.S. should lead in crypto, comparing the sector with artificial intelligence and warning that China or Japan could gain ground if Washington moves too slowly.
He has urged Congress to pass the CLARITY Act, a crypto market structure bill that forms part of his broader pledge to make the U.S. the world’s crypto capital.
The bill’s prospects have weakened since the financial disclosure became public. Polymarket data cited in the report showed a 41% chance that Trump would sign the measure into law this year. Democrats have continued to press ethics concerns tied to Trump’s crypto exposure, creating another obstacle as lawmakers face a tightening schedule before the Senate’s August recess.
The controversy reflects a broader pattern from Trump’s second term, in which his public support for digital assets has moved alongside his family’s growing role in crypto projects.
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