The
Congressional Insider - Trump disclosed over $1.44 billion in crypto income in
2025, including $635 million from meme coins and $500 million from World
Liberty Financial token sales.
The Supreme
Court’s 2024 ruling in Trump v. United States gives presidents broad immunity
from criminal prosecution for official acts — and bars official acts from being
used as evidence even in cases involving private conduct.
Some legal
commentators argue the ruling could complicate investigations that involve both
official presidential actions and private business activities.
A key legal gap
remains: Trump’s crypto ventures appear to be private business activities, not
official presidential acts — meaning the immunity ruling may not directly
protect them.
President
Trump’s financial disclosure for 2025 showed more than $1.44 billion in
cryptocurrency income. That includes roughly $635 million tied to “Trump meme
coins” and about $500 million from token sales through World Liberty Financial.
A separate deal between World Liberty Financial and a company called Alt5 Sigma
generated around $500 million more, with the president and his family listed as
beneficiaries. The scale of the reported earnings has intensified debate over
conflicts of interest and the separation between public office and private
business.
Trump’s sons
helped co-found World Liberty Financial. The company received $1.5 billion
worth of tokens, giving the Trump family a direct financial stake in the
venture’s success. A CNBC report found that some investors in the Alt5 Sigma
deal suffered steep losses, even as the Trump family profited. Critics on both
the left and right have raised concerns about whether a sitting president
should be able to run profit-generating businesses that could be influenced by
his own policy decisions
Alternet
- The
Wall Street Journal reports that not only did President Donald Trump make a
cool $1 billion off his connections to the White House, he managed to do it in
a way that made his MAGA fans and supporters catch the short end of the
grifting stick.
Morten
Christensen made a big bet on digital tokens sold by the Trump family’s World
Liberty Financial (WLF) last year, hoping that a surge in value might be enough
to help him retire. But the WSJ reports the value of those tokens instead
tanked.
“While
Christensen and many like him lost big, the president made a fortune, netting
$800 million from that crypto project, according to a financial disclosure he
filed this week.
“In crypto,
people say a game is a game,” said Christensen, a digital-asset entrepreneur.
“He played a better game than I did.”
Others were
much less generous over their losses.
“My investment
is trash now,” one user said of their WLF tokens.
"People
backed Trump because they believed he would fight for them and were hoodwinked
into thinking he cared about the working classes who brought him into power,”
said a longtime Republican activist familiar with grassroots sentiment among
Trump's MAGA base. “Seeing billions tied to crypto makes some loyal supporters
uncomfortable and most of them have no idea what crypto is, let alone have the
resources to invest in it. They feel this isn't public service anymore."
“The president
raked in cash by issuing new assets — World Liberty tokens and memecoins. But
those who bought them at high prices had to suffer as their value went belly
up, part of a wider crash in crypto,” reports WSJ. “Political followers and
crypto true believers who bought into the Trump brand were left holding the
bag. A crypto summer for the president was a crypto winter for them.”
MS
Now - Since
their father won a second term, Donald Trump Jr. and Eric Trump — President
Donald Trump’s two eldest sons, neither of whom hold official roles in the
administration — have become linked to investments in at least 10 companies
with military applications. Those firms have collectively received about $3.7
billion in federal funds since the start of the second Trump administration,
according to an MS NOW review of public records. Three hit record levels of
Defense Department funding within the last year.
Over the
equivalent timespan at the end of the Biden administration, those same
companies took in nearly $2.8 billion in federal contracts. Three had no
federal contracts at all before Trump’s second term — including the drone
startup, founded in 2025.