#cryptocurrency + #trump

Trump reported another $635 million from the sale of his Trump meme coins. The news underlines how crypto has transformed the president's fortunes. In his disclosure a year ​ago, opens new tab, for example, the president reported $57.35 million from token sales at World Liberty, which then leaped nine-fold in this year’s filing. Reuters recently estimated the Trump family has made at least $2.3 ​billion from crypto-related projects since Trump returned to the White House in 2025. On taking office, Trump began to put in place policies and initiatives that ⁠the industry saw as beneficial, from implementing federal rules for stablecoins to dialing back policing of the industry by the U.S. Justice Department and the Securities and Exchange Commission.

Your stopover in the United Arab Emirates, where you will reportedly seal a deal relaxing export controls on sensitive U.S. technology, is poised to showcase this new level of grifting – and it will come directly at the expense of U.S. national security.

You and your family are financially tied to World Liberty Financial (WLF), a crypto venture that recently launched the stablecoin USD1.3 In March, prior to the official launch of USD1, your crypto assets – including WLF holdings and your $TRUMP meme coin –accounted for nearly 40 percent of your total assets.4 Your holdings in WLF have clearly expanded your wealth since you took office and will only further expand it as USD1 issuance grows.

On May 1, Eric Trump and the son of your Special Envoy Steve Witkoff announced that Emirati state-owned investment firm MGX will use USD1 to complete a $2 billion dollar transaction with cryptoexchange Binance. 5 In selecting USD1, the Emirati-backed fund will likely pay hundreds of millions of dollars in transaction fees, and WLF will be able to reap returns on any investments it makes with the $2 billion deposit. In essence, WLF – and you and your family by extension – are receiving a cut of this deal.