15 June 2025
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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.