Oct 29, 2025
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Trump Organization Income Soars 17-Fold on Global Crypto Token Sales
The Trump Organization's income surged to $864 million in H1 2025, a significant increase from $51 million the previous year. Cryptocurrency ventures contributed $802 million of this revenue.
- Major crypto income sources: $463 million from World Liberty Financial token sales and $336 million from TRUMP meme coin sales.
- Eric Trump and Donald Trump Jr. promoted these tokens internationally.
Foreign Investors Influence Token Sales
- Eric Trump met with Chinese businessman Bobby Zhou at a Dubai crypto conference. Zhou is under investigation for money laundering in Britain.
- Aqua1 Foundation, linked to Zhou, bought $100 million worth of World Liberty Financial tokens.
- 36 of the 50 largest token-holding wallets are likely connected to overseas buyers.
- Hong Kong billionaire Justin Sun purchased $75 million in tokens. Abu Dhabi's MGX used USD1 stablecoin for a $2 billion investment in Binance.
Regulatory Changes and Pardons
- The Trump administration reversed several crypto policies, including dismantling the Justice Department's crypto enforcement team and pausing SEC lawsuits against crypto firms.
- President Donald Trump pardoned Binance founder Changpeng Zhao, who was imprisoned for anti-money-laundering failures.
- Binance.US plans to list WLFI token and Trump's USD1 stablecoin for trading, raising conflict of interest concerns among lawmakers.
- Rep. Ro Khanna proposed legislation to ban political figures from trading stocks or cryptocurrency, citing "blatant corruption."