US President Donald Trump made over $1.4 billion (£1.05 billion) from cryptocurrency business dealings in his first year back in office, according to his mandatory 927-page financial report. This income includes $635 million in royalties from Celebration Coins, linked to the $TRUMP meme coin, and over $500 million from World Liberty Financial, a firm founded by his sons.
The White House denied any conflict of interest, asserting Trump placed his businesses in a trust and is not subject to federal conflict of interest laws, while promoting the US as the "crypto capital of the world." Former White House ethics lawyer Richard Painter deemed the earnings "extraordinary" and a conflict. Trump's total income last year was at least $2.2 billion, exceeding his $600 million disclosed in 2024. His crypto earnings significantly overshadowed income from real estate and other ventures. The president, who previously called Bitcoin a "scam," adopted a crypto-friendly stance in office, signing the GENIUS Act to bolster US digital asset leadership.
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