$57 Million In Crypto And Counting: Trump’s World Liberty Connection
US President Donald Trump reported earning $57.4 million from World Liberty Financial in a financial disclosure filed on June 13. He holds 15.75 billion governance tokens, granting him significant voting power in the project. The income figure does not specify whether it resulted from token sales or staking rewards. World Liberty Financial raised approximately $550 million through two fundraising rounds, aiming to provide DeFi services and dollar-pegged stablecoins. Notable investments include $30 million from Tron founder Justin Sun and $10 million from Web3Port. Trump maintains roles in related companies, though they report minimal income. The disclosure highlights Trump's substantial gain from this venture, raising potential conflict of interest concerns due to his financial involvement in a project with voting power while in office.
