Let this sink in - Trump filing shows he took in about $1.2 billion from crypto businesses last year [View all]

https://apnews.com/article/trump-financial-disclosure-crypto-060c15062b8fedc6104159ea13775463

NEW YORK (AP) — President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.

Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took him decades to accumulate. Fueling their rise were billionaire investors and Trump’s own move to quash a federal crackdown on the industry.

Trump got more than $500 million from his World Liberty Financial business selling new crypto products, including “governance tokens,” according to the required annual disclosure report with the Office of Government Ethics. It also showed another crypto business, CIC Digital LLC, took in more than $600 million from sales of souvenir-type “meme” coins stamped with his face.

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Corruption on steroids