Yesterday, the Financial Times reported that Trump Media & Technology Group (TMTG) reportedly plans to raise up to 3 billion US dollars to invest in cryptocurrency, especially Bitcoin.

However, early this morning, TMTG refuted this information, stating: "Obviously, the (Financial Times) journalist foolishly believed a more foolish source." Additionally, TMTG referred to (Reuters) and (Financial Times) as "fake news" media.

I certainly believe this is fake news because the Trump family needs to raise 3 billion US dollars now, which does not require the old-fashioned methods of transferring stocks and issuing bonds.

Now, it has been less than half a year since Trump ascended to the presidential throne. Excluding the profits from insider trading, their income from cryptocurrency has already exceeded 3 billion US dollars~

Trump started selling NFTs to make money in 2022, earning a few hundred million dollars to supplement his household.

But ever since Trump took office as president, things have changed. On May 2nd, media reported that the Trump family's income from cryptocurrency has already exceeded 2.9 billion US dollars.

Now, three weeks later, it is conservatively estimated that their income from cryptocurrency has certainly exceeded 3 billion US dollars.

Currently, the Trump family's apparent income comes from three projects:

$Trump meme coin issued on Solana, receiving advertisement fees for promoting altcoins at World Liberty Finance, and mindlessly earning interest from the USD1 stablecoin.

Currently, Trump has earned over 600 million US dollars directly from $Trump, mainly from coin sales and transaction fees.

However, $Trump still has 80% of its tokens locked, and based on the current valuation, the unlocked portion is worth nearly 10 billion US dollars!

The World Liberty Financial (WLF) project is also very profitable, with the Trump family receiving most of the profits through a 75% net income share and 60% operating shares.

WLF not only frequently promotes various VC coins, but now has a portfolio of over a hundred altcoins, yet still can't stop various project parties from sending coins to this address~ (WLFI is not a Trump selection, it’s just collecting advertisement fees!)

But according to official propaganda, WLF's main source of income is the interest paid by borrowers, and it is said that this income is also in the hundreds of millions.

But to be honest, I’m familiar with this plot.

I know many relatives of leaders who also do high-interest lending business; those who seek help from the leaders go to them for high-interest loans.

Money doesn’t even have to be genuinely lent out; just keep a record, and interest can even be paid back in advance, haha~

However, the most outrageous move by the Trump family was to take the 2 billion US dollars invested in Binance by a Middle Eastern tycoon (this investment is a bit impressive) into their own pockets and then give Binance 2 billion of the stablecoin USD1 they issued themselves.

The income from these stablecoins purchasing US Treasury bonds can yield 80 million US dollars a year, allowing the Trump family to eat indefinitely~

Calculating this way, the Trump family's direct cash income has exceeded 3 billion US dollars.

The Biden family has been greedy for four years, and the amount they are accused of is only 30 million US dollars.

The Trump family has brazenly and openly earned 3 billion in six months, enough for the Biden family to serve 100 terms.