Who is funding Trump’s billion-dollar crypto empire?
By one recent estimate, Trump’s foray into crypto has made his family almost $3 billion in six months and now accounts for up to 40 percent of his wealth.
At the same time, his administration has been quietly dismantling guardrails around the crypto industry. Trump has slashed funding for key Treasury initiatives, scrapped proposed anti-fraud rules, and even pardoned crypto felons.
Much of the hype – and money – comes from $TRUMP and $MELANIA, two so-called meme coins: cryptocurrencies driven by branding, jokes, or online fandom rather than real-world use. Yet despite having little practical function, the pair has already generated over $140 million in trading volume in just four months.
Then there’s Trump’s sizable stake in…
