Financial Times: The Trump family made over $1 billion in profits from cryptocurrency business in a year
According to the UK Financial Times, an investigation revealed that U.S. President Trump and his family earned over $1 billion in pre-tax profits from cryptocurrency business in the past year. The investigation shows that the Trump family's cryptocurrency empire includes various projects such as digital trading cards, Meme coins, stablecoins, tokens, and decentralized finance platforms.
Among them, the TRUMP and MELANIA meme coins generated approximately $427 million in sales and trading fee revenue. The World Liberty Financial platform earned $550 million from the sale of WLFI governance tokens, and the USD1 stablecoin sales reached $2.71 billion.
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