Trump Reports Massive Crypto Earnings as Nearly 1 Million Wallets Face Heavy Losses
Federal financial disclosures filed for 2025 show that President Trump reported at least $1.4 billion in crypto-related income, primarily from ventures including the Official Trump memecoin and World Liberty Financial.
Blockchain analytics firm Nansen reports that, as of the end of June, approximately 988,905 wallets that purchased the TRUMP memecoin are collectively down about $3.81 billion.
According to Nansen’s data, a relatively small group of early buyers captured around $4.04 billion in gains. Meanwhile, the token has declined roughly 96–97% from its January 2025 peak, highlighting how the launch structure concentrated upside among insiders.
World Liberty Financial’s governance token, WLFI, is also significantly underwater in secondary markets. About 85% of tracked wallets are holding losses, totaling approximately $83 million.
In statements to CNBC, President Trump said there was nothing illegal about the earnings and noted that he had delegated day-to-day business operations to his sons. However, ethics groups and journalists have called for increased oversight, particularly as the administration promotes crypto-friendly policies and political spending from the industry continues to rise.
Sources:
- Trump's crypto token buyers are down $3.8 billion, blockchain data shows
- Trump Justifies $1.4 Billion Cryptocurrency Earnings Amid Ethics Concerns
- “Nothing Wrong” — Trump Defends $1.4 Billion Crypto Windfall While Running Crypto Policy
- Nearly a million investors lost a total of $4.9 billion on Trump crypto coin