The Trump family is profiting from crypto, questioning its positive impact on the industry.
Reuters presents new figures on Trump's crypto dealings.
According to this, the Trump family has made around $2.3 billion in profit from their crypto ventures.
The focus includes: World Liberty Financial, $TRUMP Memecoin, American Bitcoin, AI Financial / ALT5 Sigma.
The problem is not that someone makes money with crypto. The problem is the conflict of interest: The US President positions himself as a “Crypto President,” while his family simultaneously benefits massively from crypto projects.
Thus the question remains for me: Does Trump really help crypto, or has he mainly perfectly monetized the hype?