{"id":3807,"date":"2025-08-09T11:54:58","date_gmt":"2025-08-09T11:54:58","guid":{"rendered":"https:\/\/gunowner-news.com\/?p=3807"},"modified":"2025-08-09T11:54:58","modified_gmt":"2025-08-09T11:54:58","slug":"donald-trump-is-mostly-a-crypto-billionaire-now-group-says","status":"publish","type":"post","link":"https:\/\/gunowner-news.com\/?p=3807","title":{"rendered":"Donald Trump Is Mostly a Crypto Billionaire Now, Group Says"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span class=\"has-underline\">President Donald Trump\u2019s<\/span> jaunt to Scotland, where he met the U.K. prime minister and cut a ribbon for a new Trump golf course, highlighted his love for old-money ambiance and mixing personal with official business.<\/p>\n<p>The traditional business ventures like golf courses that go with this lifestyle, however, now make up less than half of Trump\u2019s wealth compared to crypto, according to <a href=\"https:\/\/accountable.us\/wp-content\/uploads\/2025\/08\/Accountable.US-Crypto-IP-Memo.pdf\">a new analysis<\/a> from the left-leaning watchdog group Accountable.US.<\/p>\n<p><!-- BLOCK(pullquote)[0](%7B%22componentName%22%3A%22PULLQUOTE%22%2C%22entityType%22%3A%22SHORTCODE%22%2C%22optional%22%3Atrue%7D)(%7B%22pull%22%3A%22right%22%7D) --><\/p>\n<blockquote class=\"stylized pull-right\" data-shortcode-type=\"pullquote\" data-pull=\"right\"><p><!-- CONTENT(pullquote)[0] -->\u201cTrump pushed bills to make it easier to pad his net worth by billions through dubious crypto schemes.\u201d<!-- END-CONTENT(pullquote)[0] --><\/p><\/blockquote>\n<p><!-- END-BLOCK(pullquote)[0] --><\/p>\n<p>Nearly 73 percent of Trump\u2019s wealth \u2014 $11.6 billion of an estimated $15.9 billion \u2014 comes from crypto holdings that he built at record pace by misusing his office, the group claims in an analysis made public Thursday. The group\u2019s president slammed Trump in a prepared statement.<\/p>\n<p>\u201cSoon after signing his \u2018Big Ugly\u2019 law that rips away health care and food security from millions of American working people and seniors, President Trump pushed bills to make it easier to pad his net worth by billions through dubious crypto schemes,\u201d Caroline Ciccone, the head of Accountable, said. \u201cThe more the President\u2019s wealth depends on anonymous investors around the world with hidden agendas, the greater the risk to the interests of everyday Americans and our national security.\u201d<\/p>\n<p><!-- BLOCK(cta)[0](%7B%22componentName%22%3A%22CTA%22%2C%22entityType%22%3A%22SHORTCODE%22%2C%22optional%22%3Atrue%7D)(%7B%7D) --><\/p>\n<p><!-- END-BLOCK(cta)[0] --><\/p>\n<p>The Accountable analysis is the latest attempt to pierce the corporate veil of the Trump family\u2019s opaque network of companies. Well before digital tokens became moneymakers, Trump\u2019s worth was notoriously hard to pin down, at one point spawning a <a href=\"https:\/\/abcnews.go.com\/Business\/story?id=8100467&amp;page=1#:~:text=ByABC%20News,he%20would%20appeal%20the%20ruling.\">failed libel lawsuit from the real estate mogul<\/a>. The speculative nature of crypto has made it even harder.<\/p>\n<p>Last month, Bloomberg estimated that roughly $620 million, of what an <a href=\"https:\/\/www.bloomberg.com\/news\/features\/2025-07-02\/donald-trump-net-worth-620-million-of-crypto-wealth-reshapes-fortune?embedded-checkout=true\">estimated total net worth of $6.4 billion<\/a>, could be chalked up to crypto.<\/p>\n<p>Accountable argued in its latest analysis that Bloomberg undercounted both Trump\u2019s crypto and total wealth, thanks largely to the wildly speculative nature of crypto.<\/p>\n<p>Meme coins like the $TRUMP token, and other more ostensibly stable crypto assets such as tokens tied to the Trump family\u2019s World Liberty Financial crypto venture, can change wildly in nominal value from day to day.<\/p>\n<p><!-- BLOCK(promote-related-post)[0](%7B%22componentName%22%3A%22PROMOTE_RELATED_POST%22%2C%22entityType%22%3A%22SHORTCODE%22%2C%22optional%22%3Atrue%7D)(%7B%22relatedPostNumber%22%3A1%7D) --><\/p>\n<p><!-- END-BLOCK(promote-related-post)[0] --><\/p>\n<p>Accountable\u2019s analysis included the total $7 billion value of $TRUMP meme coins that will eventually vest but cannot be sold for hard cash just yet, along with a recent spike in the value of World Liberty Financial governance tokens to $2 billion \u2014 <a href=\"https:\/\/www.reuters.com\/business\/trumps-world-liberty-crypto-tokens-become-tradable-2025-07-16\/\">thanks to a decision<\/a> that they will become tradeable in the coming months.<\/p>\n<p>The nonprofit group was careful to note that these represented a high-end value for Trump\u2019s crypto holdings, since the structures of the relevant crypto companies make it difficult to tell how much he personally owns.<\/p>\n<p>Whatever the true number, <a href=\"https:\/\/theintercept.com\/2024\/10\/16\/elizabeth-warren-john-deaton-crypto-donors\/\">critics<\/a> such as Sen. Elizabeth Warren, D-Mass., say that Trump\u2019s crypto industry boosterism has been deeply corrupt because it personally benefits him.<\/p>\n<p><!-- BLOCK(newsletter)[0](%7B%22componentName%22%3A%22NEWSLETTER%22%2C%22entityType%22%3A%22SHORTCODE%22%2C%22optional%22%3Atrue%7D)(%7B%7D) --><\/p>\n<div class=\"newsletter-embed flex-col items-center print:hidden\" id=\"third-party--article-mid\" data-module=\"InlineNewsletter\" data-module-source=\"web_intercept_20241230_Inline_Signup_Replacement\">\n<div class=\"-mx-5 sm:-mx-10 p-5 sm:px-10 xl:-ml-5 lg:mr-0 xl:px-5 bg-accentLight hidden\" data-name=\"subscribed\">\n<h2 class=\"font-sans font-light uppercase text-[30px] leading-8 text-white tracking-[0.01em] mb-0\">\n      We\u2019re independent of corporate interests \u2014 and powered by members. Join us.    <\/h2>\n<p>    <a href=\"https:\/\/join.theintercept.com\/donate\/now\/?referrer_post_id=497152&amp;referrer_url=https%3A%2F%2Ftheintercept.com%2F2025%2F08%2F09%2Ftrump-crypto-billionaire-accountable%2F&amp;source=web_intercept_20241230_Inline_Signup_Replacement\" class=\"border border-white !text-white font-mono uppercase p-5 inline-flex items-center gap-3 hover:bg-white hover:!text-accentLight focus:bg-white focus:!text-accentLight\" data-name=\"donateCTA\" data-action=\"handleDonate\"><br \/>\n      Become a member      <span class=\"font-icons icon-TI_Arrow_02_Right\"\/><br \/>\n    <\/a>\n  <\/div>\n<div class=\"group default w-full px-5 hidden\" data-name=\"unsubscribed\">\n<div class=\"px-5 border-[10px] border-accentLight\">\n<div class=\"bg-white -my-2.5 relative block px-4 md:px-5\">\n<h2 class=\"font-sans font-body text-[30px] font-bold tracking-[0.01em] leading-8 mb-0 xl:text-[37px] xl:leading-[39px]\">\n          <span class=\"group-[.subscribed]:hidden\"><br \/>\n            Join Our Newsletter          <\/span><br \/>\n          <span class=\"group-[.default]:hidden\"><br \/>\n            Thank You For Joining!          <\/span><br \/>\n        <\/h2>\n<p class=\"text-[27px] mb-3.5 font-bold text-accentLight tracking-[0.01em] leading-[29px] font-sans xl:text-[37px] xl:leading-[39px]\">\n          <span class=\"group-[.subscribed]:hidden\"><br \/>\n            Original reporting. 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Delivered to you.          <\/span><br \/>\n          <span class=\"group-[.default]:hidden\"><br \/>\n            Will you take the next step to support our independent journalism by becoming a member of The Intercept?          <\/span>\n        <\/p>\n<p>        <a href=\"https:\/\/join.theintercept.com\/donate\/now\/?referrer_post_id=497152&amp;referrer_url=https%3A%2F%2Ftheintercept.com%2F2025%2F08%2F09%2Ftrump-crypto-billionaire-accountable%2F&amp;source=web_intercept_20241230_Inline_Signup_Replacement\" class=\"group-[.default]:hidden border border-accentLight text-accentLight font-sans px-5 py-3.5 inline-flex items-center gap-3 text-[20px] font-bold\" data-action=\"handleDonate\"><br \/>\n          Become a member          <span class=\"font-icons icon-TI_Arrow_02_Right\"\/><br \/>\n        <\/a><\/p>\n<div class=\"font-sans text-accentLight text-[10px] leading-[13px] text-balance [&amp;_a]:text-accentLight [&amp;_a]:font-bold [&amp;_a:hover]:underline group-[.subscribed]:hidden\">\n<p>By signing up, I agree to receive emails from The Intercept and to the <a href=\"https:\/\/theintercept.com\/privacy-policy\/\">Privacy Policy<\/a> and <a href=\"https:\/\/theintercept.com\/terms-use\/\">Terms of Use<\/a>.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- END-BLOCK(newsletter)[0] --><\/p>\n<p>Trump has made aggressive moves to cut down on crypto regulations at agencies such as the Securities and Exchange Commission and to pass legislation such as the \u201cstablecoin\u201d law he recently signed. He also recently hosted a reception for holders of his meme coin that included <a href=\"https:\/\/www.reuters.com\/world\/us\/trump-draws-global-crypto-investors-with-148-million-meme-coin-dinner-2025-05-22\/\">many foreign investors<\/a>.<\/p>\n<p>The White House dismissed such criticisms in a statement. <\/p>\n<p>\u201cThe media\u2019s continued attempts to fabricate conflicts of interest are irresponsible and reinforce the public\u2019s distrust in what they read,\u201d White House press secretary Karoline Leavitt said. \u201cNeither the President nor his family have ever engaged, or will ever engage, in conflicts of interest. Through executive actions, supporting legislation like the GENIUS Act, and other common-sense policies, the administration is fulfilling the President\u2019s promise to make the United States the crypto capital of the world by driving innovation and economic opportunity for all Americans.\u201d<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/theintercept.com\/2025\/08\/09\/trump-crypto-billionaire-accountable\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump\u2019s jaunt to Scotland, where he met the U.K. prime minister and cut a ribbon for a new Trump golf course, highlighted his love for old-money ambiance and mixing personal with official business. The traditional business ventures like golf courses that go with this lifestyle, however, now make up less than half of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-3807","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa-news"},"_links":{"self":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3807"}],"version-history":[{"count":0,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=\/wp\/v2\/media\/3808"}],"wp:attachment":[{"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunowner-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}