Donald Trump pocketed $ 57 million with his cryptocurrency launched just before coming to power – Liberation
A juicy deal at will. President Donald Trump pocketed more than $ 57 million thanks to the sale of cryptocurrency tokens (tokens) of an American exchange platform with which he concluded an agreement last Octoberthe company World Liberty Financial, according to a document devoted to its income made public by the White House on Friday June 13 evening.
World Liberty Financial had issued 100 billion tokens, some 22.5 billion of which were granted to the company DT Marks Defi, to which Donald Trump is attached. The latter lent his name to this new company and put on the market in January its own digital currency, the $ Trump, a few hours before its inauguration.
This document emanates from the Government Ethics Office (OGE), intended « To avoid conflicts of interest in the executive branch », According to his logo. On more than 230 pages, He lists the participations (Actions detained, dividends perceived, real estate properties, investment portfolios, etc.) of the American president, who has broken with the tradition of American presidents to make their tax return on income from his first campaign for the 2016 election.
Trump is favorable to digital currenciesin which his two elders are also active, and has multiplied initiatives in this area. He notably appointed the head of the American Authority for the Regulatory of the Financial Markets (SEC) Paul Atkins, supporter of the cryptocurrencies, and instituted a « Strategic reserve » federal fed by bitcoins seized by American justice.
The cryptocurrency community therefore now has a « defender » And of a « ally » White House With Donald Trump, even proclaimed JD Vance, vice-president of the United States at the end of May, at a Bitcoin 2025 conference in Las Vegas (Nevada).
The document also gives an overview of the amount of royalties collected by the president (watches, perfumes, sports shoes, edition including a Bible, etc.) and license agreements worldwide. For example, he recovered $ 2.8 million thanks to watches and 2.5 million thanks to scents and sports shoes.
The Mar-A-Lago club in Florida has also generated just over $ 50 million in income for Donald Trump. Its golf courses around the world have also helped to feed his personal bank accounts like that of West Palm Beach ($ 29.1 million), where he frequently goes on weekends, and Miami (110.42 million).
He also received $ 6,484 monthly retirement from the Screen Actors Guild (SAG) union which represents Hollywood actors, or 84,292 dollars over the period concerned by the document.
