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US President Trump reports $1.4 billion in crypto-related income in financial disclosure

Published on: 01 Jul 2026, 04:04 PM
US President Trump reports $1.4 billion in crypto-related income in financial disclosure

US President Donald Trump reported more than $1.4 billion in income from cryptocurrency-related businesses in his latest mandatory financial disclosure, according to a 927-page document released by the White House.

The filing shows $635 million in royalties from Celebration Coins, an entity linked to the $TRUMP meme coin launched days before his inauguration. The coin's value has since declined. Another $500 million came from World Liberty Financial, a cryptocurrency firm founded by Trump's sons and the children of his special envoy, Steve Witkoff.

Overall, Trump's disclosed total income for the year exceeded $2.2 billion, up from over $600 million in 2024. The White House denied any conflict of interest, stating that Trump's businesses are held in a trust managed by his sons.

Deputy press secretary Anna Kelly said: 'Neither the President nor his family has ever engaged – or will ever engage – in conflicts of interest.' She added that Trump has made the US 'the crypto capital of the world.'

Trump himself noted that he is not subject to federal conflict of interest laws and said 'everybody' is profiting from rising stock markets, without being involved in his personal finances.

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Kerala Transfers Cyber Fraud, Hawala, Crypto Cases to Central Agencies Amid Parallel Economy Concerns

Kerala has decided to transfer cases of cyber fraud, hawala transactions, and cryptocurrency dealings from Kozhikode to central agencies. The Home Department cited concerns over a parallel economy and links to drug trafficking and anti-national activities. The areas identified as hotspots include Koduvally, Thamarassery, Kakkoor, Kaithapoyil, and Vengeri.

The Hindu 01 Jul 2026, 07:59 PM
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