Recently Released Financial Statement Discloses Donald Trump’s Ethereum Wallet Holding $2.8M
On August 14, the nonprofit watchdog organization Citizens for Responsibility and Ethics in Washington shared financial statements indicating that former U.S. President Donald Trump possesses more than $2.8 million within an Ethereum wallet.
The statements reveal that Trump generated over $4.8 million through licensing fees tied to nonfungible token (NFT) collections utilizing his image. Consequently, Trump’s earnings from his cryptocurrency-related endeavors amount to approximately $7.6 million.
It’s worth noting that the $2.8 million recorded in Trump’s Ethereum wallet significantly surpasses the figure of $250,000 to $500,000 previously disclosed in his filing on April 14.
Trump is vying for a comeback to the White House in the upcoming 2024 election after his defeat to the current President, Joe Biden, in 2020.
Amidst his latest financial report, attention is drawn to the news of his indictment in Georgia on August 14. The charges allege that he and his supporters collaborated to disrupt the 2020 presidential election.
The affluent real estate magnate has previously expressed doubt regarding cryptocurrencies, implying that they might be spurious and could lead to impending calamity.
Furthermore, he has voiced his opposition to Bitcoin, asserting that it appears to be fraudulent and explaining that his aversion stems from its status as a rival currency to the dollar.