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Financial Times: Trump family makes over $1 billion a year from cryptocurrency business
PANews reported on October 16 that according to the British Financial Times, an investigation revealed that US President Trump and his family made more than US$1 billion in pre-tax profits through cryptocurrency business in the past year. The investigation shows that the Trump family’s cryptocurrency empire includes multiple projects such as digital trading cards, Meme coins, stable coins, tokens and decentralized financial platforms. Among them, TRUMP and MELANIA meme coins generated approximately US$427 million in sales and transaction fee revenue. The World Liberty Financial platform earned US$550 million in revenue from the sale of WLFI governance tokens, and USD1 stablecoin sales reached US$2.71 billion.
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