Trump's $1.4bn crypto earnings revealed

July 1, 2026

President Donald Trump's mandatory 2025 financial disclosure revealed he earned over $1. 4 billion in 2024 through cryptocurrency-related business ventures. The 927-page report detailed substantial royalty payments from Celebration Coins, the entity believed to operate the $TRUMP meme coin that has since experienced a significant value decline.

Who is affected

President Donald Trump (recipient of the cryptocurrency earnings)
Trump's sons (founders of World Liberty Financial)
Steve Witkoff's children (co-founders of World Liberty Financial)
Steve Witkoff (Trump's special envoy)
Investors in the $TRUMP meme coin (affected by its value decline)

What action is being taken

No specific ongoing actions are explicitly described in the article. The disclosure has been filed, and Trump has made statements, but these are completed actions rather than ongoing ones.

Why it matters

This matters because it raises significant concerns about potential conflicts of interest between Trump's presidential role and his personal financial interests in cryptocurrency. The substantial earnings from ventures connected to his family members and political appointees, combined with the launch of a meme coin that subsequently lost value, creates questions about whether Trump is using his position for personal profit despite White House denials.

What's next

No explicit next steps stated in the article

Read full article from source: BBC