×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
01
Jul 2026
weather symbol
Athens 30°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Trump defends crypto profits of more than $1 billion: ‘The stock market is up, everybody benefits’

I don't personally handle my finances; we have funds that manage my money. "I made a lot of money before becoming president; they invest my money, and I don't talk to them," said the U.S. president.

Newsroom July 1 06:44

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

US President Donald Trump has defended earning roughly $1.2 billion in 2025 from cryptocurrency-related ventures, arguing that “everybody benefits” from his return to the White House because markets are rising.

“You know why I made money? Because the stock market is up. Everybody benefits,” Trump told reporters before boarding a new presidential aircraft gifted to him by Qatar.

Asked about accusations that he is using the presidency to enrich himself, the Republican billionaire said his assets had been placed in “blind trusts” — arrangements commonly used by public officials to distance themselves from the management of their finances.

“I don’t handle my own finances. We have funds that manage my money. I made a lot of money before becoming president; they invest my money and I don’t speak to them,” he said.

Pressed on financial disclosures showing that he made at least $1.4 billion from cryptocurrency in 2025, Trump denied personal involvement, despite having publicly promoted crypto ventures linked to his name. He then dismissed questions about whether he was profiting from the presidency, saying: “Everybody is.”

Trump insisted that his wealth was the result of his long business career, although the reported crypto income stems from activities undertaken after his return to the White House in 2025.

“I don’t know if I had a better career in politics or in business, but I had a great career in business. So we all benefit. I benefit because I have a lot of money and a lot of cash,” he said.

According to documents released by the Office of Government Ethics, Trump generated approximately $1.2 billion in revenue in 2025 through his involvement with the start-up World Liberty Financial and the cryptocurrency bearing his name, $TRUMP, which was launched just hours before his inauguration in January 2025.

>Related articles

Supreme Court rejects Trump appeal over $5 million E. Jean Carroll abuse and defamation verdict

Trump: “Foolish violation of the ceasefire” by Iran, launched drones and hit a ship in the Strait of Hormuz

Trump disputes US role in Iran school strike that killed scores of children

Trump, a former real-estate developer, has frequently faced accusations of conflicts of interest, particularly over his crypto investments. Critics argue that his administration’s deregulatory measures for the sector have helped drive up the value of digital assets from which he personally benefits.


Ask me anything

Explore related questions

#crypto currency#Donald Trump#wealth
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Mother of Afroditi Nestora dies after arson attack targeting New Democracy officials in Thessaloniki

July 1, 2026

40 agricultural and forest fires reported across Greece in 24 hours, says Fire Service

July 1, 2026

Mitsotakis to Host Dinner in Honor of Kimberly Guilfoyle at the Maximos Mansion

July 1, 2026

Man in Pelion gets 2.5-year prison sentence for domestic abuse and unlawful residence

July 1, 2026

Video shows Super Puma airlifting patient from cargo ship west of Halki

July 1, 2026

Trump defends crypto profits of more than $1 billion: ‘The stock market is up, everybody benefits’

July 1, 2026

At least five dead from fire in 10-storey Antwerp building

July 1, 2026

Obesity: Free medication program ends as Health Ministry seeks two-month extension

July 1, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα