New financial disclosures and independent analyses show that cryptocurrency ventures have added at least $620 million to President Donald Trump’s $6.4 billion fortune in recent months, according to Bloomberg. The windfall, equal to about 9 percent of his net worth, now eclipses the income the former real-estate developer derives from licensing and property deals. The largest driver is World Liberty Financial, a digital-asset firm run by Trump’s sons. Documents reviewed by Bloomberg and other outlets indicate the family reaped roughly $390 million from WLFI token sales and holds another $150 million in a Trump-branded memecoin. The Trumps are entitled to 75 percent of all WLFI token proceeds, giving them a continuing claim on future sales. A Reuters investigation spotlighted an opaque investor behind the latest cash infusion. The UAE-based Aqua 1 Foundation disclosed a $100 million purchase of WLFI tokens in late June, making it the biggest known buyer. Corporate registries in Abu Dhabi and Dubai show no record of the entity or its alleged founder, Dave Lee, intensifying questions about the source of funds and potential foreign influence. Further scrutiny surrounds the family’s USD1 stablecoin. Bloomberg reporting says crypto exchange Binance quietly wrote the code for USD1 months before its founder, Changpeng “CZ” Zhao—who pleaded guilty to money-laundering violations last year—sought a presidential pardon. The stablecoin later facilitated a $2 billion investment in Binance by Abu Dhabi’s MGX fund, a structure that could generate tens of millions of dollars in annual interest for the Trumps. The White House said the president’s assets are held in a trust managed by his children and that he has insulated himself from their crypto dealings. Ethics experts argue the lack of transparency around major token purchases and the involvement of a convicted executive raise conflict-of-interest concerns as the administration sets cryptocurrency policy.
Of all the riddles wrapped in the digital wallets sending funds to President Donald Trump’s World Liberty Financial crypto business, a little-known entity last month became the biggest. https://t.co/hvZXEVpnpx
Mystery Man Shines a Spotlight on the Shadiness of Trump's Crypto Venture https://t.co/WBAKQtfj1t
Eric Trump ETH call buyers finally in profit 🥳