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Cryptocurrency News Articles

Donald Trump Breaks His Silence on the $320M Profits From His $TRUMP Token

May 05, 2025 at 11:17 pm

Donald Trump Breaks His Silence on the $320M Profits From His $TRUMP Token

Donald Trump is once again drawing attention from the crypto industry, this time for making contradictory statements about the profits linked to his $TRUMP token.

As reported by

CoinDesk, the former president, usually reticent about the matter, touched upon the topic in an interview with NBC News. When asked directly if he was making money from the token, Trump initially replied in the negative.

However, shortly afterward, he claimed not to have paid attention to the issue and suggested that if his assets increased in value while in office, he was indeed earning.

“I don’t want to get involved in that. I haven’t paid attention to it. If they’re making money, it’s possible,” Trump said. “If my assets went up in value, isn’t that making money?”

This contradiction has reignited the debate about potential conflicts of interest between Trump’s public duties and the crypto-related businesses connected to him.

The $TRUMP token, launched in January by two companies under Trump’s control—CIC Digital LLC and Fight Fight Fight LLC—accumulated over $320 million in profits during the first 100 days since his return to the presidency. Both companies manage 80% of the total token supply, with scheduled unlocks through 2028.

Earlier this year, CIC Digital unlocked tokens valued at $454 million, sparking renewed criticism over the management of the assets and their possible influence on the market.

The controversy grew after it became known that the token generated over $350 million through sales and commissions. Additionally, a $2 billion deal between Abu Dhabi funds and companies associated with Trump’s circle to expand their crypto operations was revealed.

Trump maintains a pro-cryptocurrency stance and warns of the need for the United States to stay ahead in the sector’s technological development. However, within his own party, some voices question the compatibility of these investments with his institutional responsibilities.

When asked about the possibility of donating the profits, as he did with his presidential salary, Trump replied that he had never considered it.

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Other articles published on Jun 09, 2025