No other president has ever used his office to accumulate the vast amounts of wealth that Trump has gained in the past year and a half. And most unfortunately as is the case with many of his policies, his own supporters suffered the most. He is likely the most corrupt president in American history by 300 fold. And many of his supporters don't even seem to care as they have become numb to his misdeeds, and still believe his lies. A large chunk of the $2 billion haul President Trump took in last year came as hundreds of thousands of his fans and other investors bet on a speculative cryptocurrency called $TRUMP, hoping its value would soar with his return to the White House. But while Mr. Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers. That outcome, documented by an independent analysis of trades and fees paid out from $TRUMP token sales, is drawing renewed attention this week, as Mr. Trump for the first time has detailed the extraordinary $1.4 billion in revenue he secured just from the cryptocurrency industry since he returned to the White House. The president’s 927-page financial disclosure showed how Mr. Trump and his family reaped huge financial rewards in 2025 through his money-losing Trump Media venture and a separate cryptocurrency firm called World Liberty Financial, even as routine investors suffered vast losses. He also amassed hundreds of millions through deals that involved foreign governments or corporations with agenda items pending before the Trump administration. On Wednesday, Mr. Trump dismissed questions about how much money he had made after returning to the White House, suggesting that he left personal financial decisions related to his investments to others. “It is hard to wrap your head around that the president of the United States would engage in this level of self-enrichment at the expense of so many of his supporters,” said Lee Reiners, a former Federal Reserve Bank examiner who now studies cryptocurrency issues at Duke University. “This is a president of the United States who has made more money off crypto since he took office than he made in any prior year in his entire business career.” One has to feel some sympathy for the 1000s of duped supporters and investors. Mr. Trump’s annual report shows that he earned an additional $799 million from World Liberty, including a large share when the government of the United Arab Emirates secretly purchased a stake in the company, just as Mr. Trump was returning to the White House. Meanwhile, the price of $WLFI, a cryptocurrency coin created by World Liberty Financial, has sunk to less than 6 cents, a more than 80 percent drop from its peak, generating enormous losses for investors who bought in at a higher price. That decline did not matter much for Mr. Trump: A Trump entity received a 75 percent cut of all sales of $WLFI, according to a disclosure by the company, allowing him to profit from the coin long before its price cratered. https://www.nytimes.com/2026/07/01/us/politics/trump-crypto-memecoin-world-liberty.html?smid=nytcore-android-share
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