**FT Investigation: How the Trump Companies Made $1 Billion from Crypto**
The Trump family has ventured into the cryptocurrency sector, generating substantial profits from their various ventures. An investigation revealed that the Trumps earned over $1 billion in pre-tax profits from cryptocurrency businesses over the past year. This includes revenue from digital trading cards, meme coins, stablecoins, tokens, and decentralized finance platforms.
A significant portion of their earnings came from World Liberty Financial, a DeFi platform launched in 2024. The platform’s governance token and stablecoin, USD1, contributed notably to the Trump family’s wealth. Additionally, meme coins such as Trump and Melania generated hundreds of millions of dollars.
The Trump family’s involvement in cryptocurrency has raised concerns about potential conflicts of interest, particularly given their international partnerships. U.S. Senator Elizabeth Warren has called for a federal investigation into these transactions, citing potential national security risks and violations of federal ethics standards.
Despite these concerns, the Trump family’s cryptocurrency empire continues to grow, with new ventures such as bitcoin mining companies and meme coins drawing attention. The market dynamics surrounding these investments are complex, with political tensions influencing regulatory debates.
As the cryptocurrency landscape evolves, the Trump family’s activities are under increasing scrutiny. Critics argue that their influence could lead to uneven market practices, while supporters see it as a sign of innovation and growth. The situation highlights the ongoing challenges in regulating the cryptocurrency sector.
