President Donald Trump is helping draft cryptocurrency regulations while financial disclosures show he and his family have profited significantly from the industry.

The disclosures indicate the president made nearly $1.5 billion from cryptocurrency last year, including $635 million from his Trump Meme Coin, which has dropped 80% in value over the year.

The president has repeatedly stated he is not personally involved in his family’s businesses, but the connection has raised concerns about potential conflicts of interest.

Former White House ethics lawyer Richard Painter said the president’s actions are not illegal.

“So technically the president of the United States can do this, hold a…