Trump, cryptocurrency and World Liberty Financial
Digest more
In a recent financial disclosure, it was revealed that the cryptocurrency venture and branded products linked to the family of President Donald Trump have generated an income exceeding $57 million for the president.
The meme coin launched by the President-elect on January 18, just two days before his return to the White House, has lost more than half its value in less than five months.
New financial disclosure forms were released Friday showing how much President Donald Trump made in income from his various personal businesses.
Donald Trump holding more than $1.4M in crypto on his birthday, including multiple Trump-inspired meme coins & others.
21hon MSN
Since re-entering the White House, Trump’s crypto empire has exploded. World Liberty has now sold over $500 million worth of tokens, with the Trump family entitled to a substantial cut.
Trump, allegedly fearful that attendance will be weak at his birthday-party military parade on Saturday in Washington, D.C., is offering to pay “seat fillers,” according to a Craigslist ad — which people are pretty sure isn’t legit.
A stablecoin is a type of cryptocurrency that, unlike usually volatile cryptocurrencies such as Bitcoin, aims to maintain a stable value. Pegged 1:1 to the U.S. dollar, USD1 is a stablecoin launched by World Liberty Financial, a decentralized finance (DeFi) project linked to the Trump family.