Trump says there is ‘nothing wrong’ with family’s crypto windfall
CoinDesk·
60-second summary
The president reports at least $1.4 billion in crypto income for 2025, sparking controversy over potential conflicts of interest. He claims no wrongdoing, unaware of the extent of his holdings. Critics argue he profits from the office while his administration crafts industry rules, raising concerns about regulatory capture and undue influence.
The president reported at least $1.4 billion in crypto income for 2025. He told CNBC he did nothing illegal and was not aware of the extent of his holdings. Critics say he is profiting from the office while his administration writes the industry's rules.