U.S. President Donald Trump Raises Over $57 Million Through Investment in Cryptocurrency Platform World Liberty Financial.

Reported by CNN.

Details:

According to a document released by the White House, Donald Trump earned millions from the cryptocurrency business: over $57 million from the sale of crypto tokens through the American platform World Liberty Financial, with which he signed an agreement in October.

Donald Trump is making millions from his family's cryptocurrency business, private golf clubs, and merchandise sales ranging from Bibles to watches, leveraging his political popularity to expand his business empire, CNN reports.

One of the largest sources of income reported by Trump was the sale of tokens worth $57 million through WLF Holdco LLC, which owns World Liberty Financial Inc., a crypto company run in part by Trump’s children.

Trump also holds between $1 million and $5 million in $ETH cryptocurrency. During his campaign, he portrayed himself as the most crypto-friendly president, promising less strict regulation compared to previous administrations.

Interestingly, Trump had previously described risky cryptocurrencies as a “disaster waiting to happen.” However, during his presidential campaign, he promised to make the U.S. “the crypto hub of the world.”

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