politics
Trump says 'nothing illegal' about massive crypto profits
Key takeaways
- There’s nothing wrong with it I could know,” Trump said in an interview with CNBC on Thursday.
- The Trumps launched the venture in fall 2024 as the then-presidential candidate embraced the crypto industry during his campaign.
- World Liberty Financial has faced controversy during Trump’s second term, as critics have accused the president and his family of conflicts of interest.
Why this matters: political developments that affect policy direction and public trust.
I didn’t. There’s nothing illegal. There’s nothing wrong with it I could know,” Trump said in an interview with CNBC on Thursday.
The president s personal financial disclosures released on Tuesday showed he raked in more than $500 million from World Liberty Financial, the cryptocurrency venture he co-founded with his sons Eric Trump and Donald Trump Jr.
The Trumps launched the venture in fall 2024 as the then-presidential candidate embraced the crypto industry during his campaign.
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