Donald Trump dismissed questions about the $1.2bn he earned from crypto businesses, according to his latest annual financial disclosure, while speaking to reporters ahead of his flight to North Dakota today.
Trump's Response to Crypto Earnings
“We have funds that run my money well. I’ve made a lot of money before I became president,” Trump said. “They’re big institutions, and they run it … I think it’s called a ‘blind account’, but they basically they take it, and I purposely I never speak to any of the people that run the money.”
The former president went on to say that “everybody is profiting” from the presidency, “because the stock market’s going up”. He added: “So we’re all profiting. I’m profiting because I have a lot of money and a lot of cash, and I give it to institutions.”
Financial Disclosure Details
The $1.2bn figure comes from Trump's latest annual financial disclosure, which revealed significant earnings from cryptocurrency ventures. Trump did not provide specific details about which crypto businesses generated the income, nor did he clarify how the funds were managed beyond his reference to a blind account.
Critics have raised concerns about potential conflicts of interest, given Trump's continued business activities while seeking public office. However, Trump maintains that his financial arrangements are standard and that he has no direct involvement in day-to-day management.
