Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Look who is getting rich in politics.
Trump Pulled in at Least $2 Billion After Returning to the White HouseThe New York Times
President Trump reaped a stunning windfall in his first year back in the White House, including about $1.4 billion from his family’s cryptocurrency businesses, a new filing shows.
All told, the president pulled in at least $2.2 billion, a figure that includes other parts of his vast holdings, such as his real estate assets. That compares to a minimum of $622 million his enterprises pulled in for all of 2024, before he returned to the presidency.
One of his biggest hauls in 2025 came when an investment firm tied to the United Arab Emirates bought nearly half of the Trump family’s main crypto company, World Liberty Financial, a transaction that blurred the line between foreign policy and private enterprise.
Mr. Trump also collected hundreds of millions of dollars from sales of his $TRUMP memecoin and World Liberty’s sale of its own digital tokens.
...
All told, the president pulled in at least $2.2 billion, a figure that includes other parts of his vast holdings, such as his real estate assets. That compares to a minimum of $622 million his enterprises pulled in for all of 2024, before he returned to the presidency.
One of his biggest hauls in 2025 came when an investment firm tied to the United Arab Emirates bought nearly half of the Trump family’s main crypto company, World Liberty Financial, a transaction that blurred the line between foreign policy and private enterprise.
Mr. Trump also collected hundreds of millions of dollars from sales of his $TRUMP memecoin and World Liberty’s sale of its own digital tokens.
...
Lots more detail at link.
4 replies
= new reply since forum marked as read
= new reply since forum marked as read
Great OP, munu. Humbly repost the following IOT hasten the day the traitors face justice.
"These people are not pouring money into coffers of the Trump family business because of the brothers’ acumen. They are doing it because they want freedom from legal constraints and impunity that only the president can deliver." -- Kathleen Clark, law professor at Washington University
Inside the Trump family’s global crypto cash machine
The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.
by David Gauthier-Villars, Tom Bergin, Michelle Conlin, Lawrence Delevingne and Tom Wilson
October 28, 2025, Reuters
DUBAI - Eric Trump was in Dubai on family business. Meeting with a Chinese businessman and his associates on the sidelines of a cryptocurrency conference in May this year, the son of U.S. President Donald J. Trump ran through his usual talking points about the inefficiency of traditional banks and his own famous father’s run-ins with financiers.
Then came the pitch. Buy at least $20 million of “governance tokens” in the Trump family’s crypto business, World Liberty Financial, and become part of a venture that Eric Trump predicted would soon embody the future of finance in America, according to a person familiar with the meeting.
Snip...
The jump in the Trumps’ income represents “a massive pivot” for the family business, said Carter Davis, an assistant professor of finance at The Ohio State University who has studied cryptocurrency pricing and who reviewed the Reuters calculations. “Even if you go through and you do the most conservative estimate…it's pretty wild that you end up with such a huge fraction of the income coming from crypto.
‘LEGAL BUT UNETHICAL’
The identities of most buyers of the WLFI tokens are hidden behind opaque “wallet” addresses – the unique identifiers investors use as keys to access and manage their holdings. Among the few major buyers whose identities are known – a mix of foreign and U.S. investors – most have histories of legal and regulatory entanglements related to their business endeavors. And as the Trump brothers’ travels over the past year show, foreign investors have been a major target for token sales.
Reuters interviewed half a dozen foreign crypto entrepreneurs who met with the Trump brothers. Five of them said they sought out the younger Trumps for business opportunities because of their proximity to the 79-year-old president and hopes of cashing in on his political and financial power.
For many other investors, the Trumps' involvement signaled a chance to capitalize on the family’s name. Dorji Rabten’s Seoul-based venture investment firm, Oddiyana Ventures, bought an undisclosed amount of WLFI tokens in January. Rabten said he never met the Trump sons, but the family's involvement was central to his investment. "In the first very moment where we saw the project, we thought it's going to be very huge, obviously, given the fact it's a president's sons taking up that project," Rabten told Reuters in September.
Continues...
https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/
You know how the used car lots with the crappiest cars flies the biggest American flag on the street? Same thing, except the crook uses the White House phone and Mail Drop.
"These people are not pouring money into coffers of the Trump family business because of the brothers’ acumen. They are doing it because they want freedom from legal constraints and impunity that only the president can deliver." -- Kathleen Clark, law professor at Washington University
Inside the Trump family’s global crypto cash machine
The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.
by David Gauthier-Villars, Tom Bergin, Michelle Conlin, Lawrence Delevingne and Tom Wilson
October 28, 2025, Reuters
DUBAI - Eric Trump was in Dubai on family business. Meeting with a Chinese businessman and his associates on the sidelines of a cryptocurrency conference in May this year, the son of U.S. President Donald J. Trump ran through his usual talking points about the inefficiency of traditional banks and his own famous father’s run-ins with financiers.
Then came the pitch. Buy at least $20 million of “governance tokens” in the Trump family’s crypto business, World Liberty Financial, and become part of a venture that Eric Trump predicted would soon embody the future of finance in America, according to a person familiar with the meeting.
Snip...
The jump in the Trumps’ income represents “a massive pivot” for the family business, said Carter Davis, an assistant professor of finance at The Ohio State University who has studied cryptocurrency pricing and who reviewed the Reuters calculations. “Even if you go through and you do the most conservative estimate…it's pretty wild that you end up with such a huge fraction of the income coming from crypto.
‘LEGAL BUT UNETHICAL’
The identities of most buyers of the WLFI tokens are hidden behind opaque “wallet” addresses – the unique identifiers investors use as keys to access and manage their holdings. Among the few major buyers whose identities are known – a mix of foreign and U.S. investors – most have histories of legal and regulatory entanglements related to their business endeavors. And as the Trump brothers’ travels over the past year show, foreign investors have been a major target for token sales.
Reuters interviewed half a dozen foreign crypto entrepreneurs who met with the Trump brothers. Five of them said they sought out the younger Trumps for business opportunities because of their proximity to the 79-year-old president and hopes of cashing in on his political and financial power.
For many other investors, the Trumps' involvement signaled a chance to capitalize on the family’s name. Dorji Rabten’s Seoul-based venture investment firm, Oddiyana Ventures, bought an undisclosed amount of WLFI tokens in January. Rabten said he never met the Trump sons, but the family's involvement was central to his investment. "In the first very moment where we saw the project, we thought it's going to be very huge, obviously, given the fact it's a president's sons taking up that project," Rabten told Reuters in September.
Continues...
https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/
You know how the used car lots with the crappiest cars flies the biggest American flag on the street? Same thing, except the crook uses the White House phone and Mail Drop.
