President Trump's financial disclosures show hundreds of millions in crypto-related income
Quick Take
- The 927-page annual financial disclosure report released by the Office of Government Ethics covered an array of investments from Domino’s Pizza to Costco to Victoria’s Secret to Lockheed Martin as well as large banks like JPMorgan.
- Trump reported more than $65 million from equity sales tied to World Liberty Financial and over $236 million from token sales.
- In contrast, Vice President JD Vance’s annual financial report was a mere 17 pages, where he disclosed he held up to $500,000 worth of bitcoin.
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President Donald Trump's income included hundreds of millions of dollars in bitcoin and ethereum tied to his family's crypto company World Liberty Financial, as well as thousands of dollars in firms like Coinbase and Strategy, according to a financial disclosure report released on Tuesday.
The 927-page annual financial disclosure report released by the Office of Government Ethics covered an array of investments from Domino's Pizza to Costco to Victoria's Secret to Lockheed Martin as well as large banks like JPMorgan.
The financial report showed that Trump's income included millions of dollars tied to World Liberty Financial — a crypto decentralized finance company that has come under the spotlight as lawmakers seek to pass a sweeping bill to regulate the industry at large. Democrats have called for an ethics provision to be added to that bill that would block the president, vice president, lawmakers, and other federal officials from making certain financial transactions involving digital assets in order to support the bill.
Trump reported more than $65.6 million from the sale of equity in WLF Holdco and $236.25 million in token-sale proceeds distributed by World Liberty Financial, according to the disclosure. The filing also detailed cold-wallet holdings of bitcoin, ether, USDC, LINK, AAVE, ENA, MOVE and ONDO associated with World Liberty Financial, along with roughly $1.8 million in ether staking rewards.
Trump also invested as much as $100,000 in crypto exchange Coinbase and had multiple investments in Strategy, formerly known as Microstrategy.
In contrast, Vice President JD Vance's annual financial report released on Tuesday was a mere 17 pages. In it, he disclosed he held up to $500,000 worth of bitcoin.
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