Trump's $57M crypto windfall šŸ’°

U.S. President Donald Trump earned over $57 million from the World Liberty Financial token launch, sparking bipartisan criticism on Capitol Hill.

šŸ“ What you need to know

A disclosure has revealed that U.S. President Donald Trump pocketed $57.3 million as a result of token sales made by his crypto venture World Liberty Financial—which sounds impressive, though his golf empire generated more than $110 million over the same time frame. Trump’s contentious meme coin venture, Fight Fight Fight LLC, wasn’t included in the disclosure since it fell outside the reporting period.

The president’s forays into crypto have drawn criticism from both sides of the aisle on Capitol Hill, but that doesn’t seem to have slowed the Trump train.

Just today, Trump Media and Technology Group filed with the SEC to launch a joint Bitcoin and Ethereum ETF under the Truth Social brand, a month after raising $2.4 billion to launch its own crypto treasury.

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