Donald Trump won more than USD $ 1 billion with crypto in less than a year: Forbes

The US president has made mass income thanks to his incursions and investments in the crypto sector, especially those associated with his investiture.

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• Trump has generated USD $ 1.2 billion in crypto revenues, according to Forbes
  
• His fortune crypto includes memecoins, stablcoins and tokens of his own platform
  
• Justin Sun, founder of Tron, has invested more than USD $ 90 million in his projects
• This generates doubts about possible conflicts of interest after measures pro crypto in your mandate

The president of the United States, Donald Trump, has obtained more than USD $ 1 billion in profits from the cryptocurrency ecosystem in just nine months, according to a new report by the magazine Forbes Posted this week.

The investigation reveals that Trump has increased his personal fortune until reaching an estimated USD $ 5.6 billion, largely thanks to its investments in digital assets and associations with the sector.

Of that total, It is estimated that around USD $ 900 million are liquid assets, and almost half comes directly from projects linked to cryptocurrencies.

Crypto earnings for multiple ways

According to Forbes, Trump would have obtained more than USD $ 390 million (before taxes) through the sale of native tokens wldf World Liberty Financial, A decentralized finance platform (DEFI) backed by him and his family.

In addition, it is reported that it has received income for USD $ 315 million thanks to its memecoin $ Trump, a token that launched a few days before the return for its second mandate in the White House in January. To this is added USD $ 427 million in assets related to this same currency, the report continues.

It is also estimated that Trump currently has Stablecoins equivalent to USD $ 60 million of the new Stablecoin of the platform World Liberty Financialcalled USD1, which further consolidates its presence in the world of digital finances.

In total, Forbes He estimates that the president has obtained gross income for USD $ 1.2 billion through cryptocurrencies. After taxes, your net gain would be approximately USD $ 935 million.

Crypto gala and international connections

These revelations arrive a few weeks after Trump organized a private dinner on May 22 in his exclusive golf club on the outskirts of Washington DC the event brought together the 220 largest investors in Memecoin $ Trump.

One of the most notorious attendees was Justin Sun, founder of Tron, who according to the records had USD $ 18 million in tokens $ Trump Before the event. Forbes points out that SUN has already invested a total of USD $ 93 million in crypto initiatives related to Trump, including a previous participation of USD $ 75 million in World Liberty Financial.

These figures have generated criticism from analysts and political observers, who express concerns about possible conflicts of interest, foreign influence and lack of clear regulation around these initiatives.

Trump crypto heritage generates controversy

Although formal accusations have not yet submitted, several sectors have raised alerts about the use of tokens linked to political figures. The participation of foreign capitals, such as Sun’s, in a polarized political environment raises doubts about transparency and ethics behind these operations.

Amid the current panorama in the United States, Trump’s financial activities in the crypto sector could become a hot topic. As the border between politics and cryptocurrencies becomes more diffuse, it becomes clear that digital assets are no longer only a technological tool, but also a key piece in power strategies.

Despite criticism, the undeniable fact is that Donald Trump’s incursion into the crypto world has been extraordinarily lucrative. And, with views in sight, their financial movements could have both political and economic impact.

An earlier report of the group State Democracy Defenders Actionhe estimated that the net assets of The Trump family has increased by USD $ 2.9 billion thanks to cryptocurrencies. This report details that Trump’s crypto holdings now represent almost 40% of their net assets, partly thanks to Trump and Melania tokens, as well as participation in World Liberty Financial.

Eric Trump, son of the president, has also assured that his father has “Bitcoin much“, Without specifying an amount.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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