Trump Defends Crypto Wealth as Critics Call It Presidential Graft

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Source: Gizmodo
Trump Defends Crypto Wealth as Critics Call It Presidential Graft
Photo: Gizmodo
TL;DR Summary

Trump says he’s for crypto as disclosures show he earned over $2.2B in 2025, about $1.4B from crypto ventures including a TRUMP memecoin and a family-backed firm. He defended crypto in the Oval Office while critics—including the Wall Street Journal, which called the deals “honest graft”—raised concerns about using the presidency for family profit; Fox News aired scrutiny of the matter. The article also notes the broader controversy around meme-coin losses and mentions stock moves tied to his remarks, such as Dell stock activity.

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