Trump Reports $57.4 Million Earnings from World Liberty Financial Crypto Venture

US President Donald Trump reported earnings of $57.4 million from his crypto venture World Liberty Financial in a disclosure filed with the US Office of Government Ethics. He holds 15.75 billion governance tokens, granting him voting power over the project's direction.

Key Details

  • Earnings include “$57,437,927” but specifics on token sales or staking rewards are unclear.
  • World Liberty Financial raised $550 million through two fundraising rounds since its launch in September 2024.
  • Tron founder Justin Sun invested $30 million for 2 billion WLFI tokens; Web3Port added $10 million.
  • Trump maintains roles in holding companies with minimal income reported from them.
  • No income from previous NFT projects is reported this time.
  • Concerns arise regarding potential conflicts of interest due to Trump's financial interests in a project where he retains voting power.

These developments highlight Trump's substantial financial gain and influence within the crypto space.