Trump Financial Disclosure Reports Over $1 Billion in Crypto Income for 2025
US President Donald Trump's mandatory financial disclosure for 2025 reveals that he earned more than $1 billion from cryptocurrency dealings last year, according to a 927-page report filed with the Office of Government Ethics.
The disclosure shows $635 million in royalties from a Trump-branded meme coin, which has significantly declined in value since its launch three days before Trump took office. Additionally, Trump reported over $500 million in income from World Liberty Financial, a cryptocurrency firm founded by his sons and the children of his special envoy, Steve Witkoff.
Other income sources included real estate, Trump-themed Bibles, watches, and various merchandise. The White House denied any conflict of interest, stating that Trump is not profiting from the presidency.
Trump had previously criticized cryptocurrency, calling Bitcoin a 'scam' and a 'disaster waiting to happen'. However, his 2025 income from crypto marks a substantial increase from the previous year, when he disclosed over $600 million in total income.
White House Deputy Press Secretary Anna Kelly rejected ethical concerns, asserting that Trump has made the US 'the crypto capital of the world'. She stated, 'Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest.' She added that all actions are taken in the best interest of the American people.
The disclosure also lists smaller transactions from several digital wallets holding cryptocurrency. First Lady Melania Trump's disclosure showed $10.7 million from a license agreement for her documentary and $6 million from an NFT agreement.