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Trump Defends $1.4 Billion Crypto Income as Memecoin Investors Lose $3.8 Billion

Trump Defends $1.4 Billion Crypto Income as Memecoin Investors Lose $3.8 Billion

President Trump called his family’s cryptocurrency windfall “nothing wrong,” even as Nansen data show most TRUMP memecoin buyers are deep in the red.

Posted July 6, 2026 at 6:41 am EST.

Trump insisted there’s nothing wrong or illegal about the $1.4 billion he and his family earned from crypto ventures in 2025, defending the windfall in a CNBC interview at the White House on Thursday.

The financial disclosure, released by the Office of Government Ethics last week, showed $636 million in royalties tied to Trump’s eponymous memecoin, roughly $594 million from World Liberty Financial, the venture he co-founded with…

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