Donald Trump’s family reportedly made hundreds of millions from crypto after White House return
US President Donald Trump and his family have reportedly amassed hundreds of millions of dollars from cryptocurrencies.
From hosting an exclusive gala dinner for top investors, to launching his own “meme coin” shortly before taking office, and signing off the first US legislation on digital assets, the Trump presidency has been more intertwined with cryptos than any before it.
So, to what extent has Trump cashed in on crypto since returning to the White House, and how are fortunes being amassed from the digital currency?
Here is what we know.
Firstly, how is crypto created?
Cryptocurrencies are created and distributed through initial coin offerings (ICOs), which the Australian government defines as a method by which “a project can raise…
