Donald Trump Defends $1.2B Crypto Earnings Amid Fresh Ethics Questions

TLDR

• Donald Trump defended his family’s crypto income and said the ventures involved nothing illegal.
• Federal disclosures showed major earnings from WLFI, meme coins, and Bitcoin holdings.
• Trump said trusts, his sons, and outside firms manage his assets.
• The White House rejected claims that Trump’s crypto income created a public conflict.
• Peter Schiff claimed Trump-linked tokens allowed buyers to seek political influence.

Donald Trump defended his family’s crypto income after disclosures showed gains in office. Donald Trump told CNBC that the earnings raised no legal problem. The remarks renewed scrutiny over crypto ventures tied to presidential power.

Donald Trump faced questions after a filing detailed crypto income and revenue. The document showed over $2.2 billion in 2025 income. However, crypto ventures formed the bulk of the windfall.

The filing listed $594 million from World Liberty Financial and $636 million from Trump meme coin sales. It also reported over $50 million in Bitcoin holdings. Therefore, critics linked the figures to public office and private profit.

Trusts Handle Assets

Donald Trump said he did not know details about the crypto activity. He added, “There’s nothing illegal, there’s nothing wrong with it.” He also said he could know about the businesses if required.

Donald Trump said trusts and outside firms manage his assets. He named Eric Trump and Donald Trump Jr. in oversight. Yet he said he avoids investment talks with them.

Donald Trump argued that his children still have business lives. He said, “I tell my kids: stay away from as much as you can.” However, he added that any family deal could draw claims.

Critics Target Meme Coins

Donald Trump also defended crypto as strategic for the United States. He said China would take the sector if America stepped back. He added that the United States now leads crypto.

The White House rejected conflict claims after disclosure became public. It said Donald Trump and his family avoided conduct against public interest. Still, the statement did not end criticism.

Peter Schiff argued that buyers sought access rather than investment returns. He called the tokens “a way to bribe the president.” Meanwhile, Donald Trump continued to deny wrongdoing over earnings.

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