Trump claims he did not know about crypto earnings

PoliticsBusiness & Finance
3 Jul 2026 • 7:34 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Trump claims he did not know about crypto earnings

  • President Donald Trump's financial disclosures revealed he earned over $1 billion from his family’s crypto businesses last year.
  • Trump defended his ethics record, stating to CNBC he has been uninvolved with his businesses, including the crypto firm, since taking office.
  • He claimed he was unaware of the specific earnings, asserting there was “nothing illegal” about the situation.
  • Democratic lawmakers accused Trump of misleading donors for the 250th anniversary, directing funds to an administration-backed group over the congressionally-backed effort.
  • Trump maintains his businesses have been managed by a trust controlled by his children without his involvement since returning to office.

IN FULL

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved