Trump reports $1.4B crypto income, defends actions

Key facts

• President Donald Trump reported $1.4 billion in income from cryptocurrency ventures during his presidency.
• Trump defended his crypto earnings, stating there was "nothing wrong" and that others managed his investments.
• The income was derived from his memecoin, World Liberty Financial sales, and a stablecoin venture.
• His total disclosed business and investment income for the year was $2.2 billion.
• The financial disclosures also revealed significant stock holdings in major tech companies and real estate firms.

President Donald Trump has defended earning $1.4 billion from cryptocurrency ventures during his presidency, stating there was "nothing illegal" and "nothing wrong" with the profits. In a new financial disclosure, Trump reported $2.2 billion in total income, with the majority stemming from his crypto businesses, including his $Trump meme coin and a stablecoin venture. He told reporters that others managed his money and he was unaware of the specifics, attributing his profits to the rising stock market. The disclosures also detailed his investments in major tech companies and numerous real estate firms.