Donald Trump Discusses Family's Crypto Earnings and Risks of Digital Currency
Former President Donald Trump recently commented on his family's significant earnings from cryptocurrency, which reportedly exceeded $1.4 billion last year. During a press exchange in the Oval Office, Trump reiterated his long-standing apprehension about digital money, describing it as 'a little bit dangerous.'
Trump's remarks came in the wake of a major security breach where hackers stole approximately $6.3 billion from the crypto exchange Binance. When asked about the theft, Trump shifted the conversation to traditional banking methods, stating, 'You know, the old-fashioned way when you used to sign a check… These are different. People never see the money anymore.'
This is not the first time Trump has voiced skepticism about cryptocurrencies. He has previously labeled Bitcoin a 'scam' and expressed that crypto is 'not money' and 'based on thin air.'
According to Trump's 2025 financial disclosure, a significant portion of his crypto income stemmed from a licensing deal for the TRUMP meme coin, which generated $636 million. Additionally, he co-founded World Liberty Financial, a crypto firm that contributed over $515 million through token sales.
A recent Reuters/Ipsos poll indicated that 63% of Americans consider Trump's crypto profits to be inappropriate. As the political landscape evolves, Trump's comments on cryptocurrency continue to draw attention, especially in light of his endorsement of candidates like Mike Carey in competitive congressional races.
FAQ
What did Donald Trump say about his family's earnings from cryptocurrency?
Donald Trump mentioned that his family's earnings from cryptocurrency exceeded $1.4 billion last year.
What are Trump's views on digital currency?
Trump has expressed skepticism about digital currency, describing it as 'a little bit dangerous' and previously labeling Bitcoin a 'scam.'
What incident prompted Trump's comments on cryptocurrency?
Trump's remarks came after a major security breach where hackers stole approximately $6.3 billion from the crypto exchange Binance.
How did Trump compare cryptocurrency to traditional banking?
Trump stated that traditional banking methods, like signing a check, are preferable, as people 'never see the money anymore' with digital currencies.
What is the public opinion on Trump's crypto profits?
A recent Reuters/Ipsos poll indicated that 63% of Americans consider Trump's crypto profits to be inappropriate.
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