Trump Rakes in $57.4 Million from Crypto Venture, World Liberty Financial

Exclusive: Trump's Crypto Empire Revealed in Bombshell Filing

Holy smokes! President Donald Trump is cashing in big time with a cool $57.4 million from his crypto baby, World Liberty Financial. And guess who's backing him up? None other than his sons, Donald Jr. and Eric Trump. Talk about a family affair!

Get this: a jaw-dropping 200-page filing spilled the beans to the Financial Times, revealing that Trump's crypto venture is one of his fattest cash cows among a sea of financial interests. The U.S. Office of Government Ethics couldn't keep this under wraps any longer!

Hold onto your hats, folks. The filing shows Trump is sitting on a whopping 15.75 billion governance tokens in World Liberty Financial. But here's the kicker - he didn't even have to fork over a dime. Nope, he snagged those tokens just by shilling on the network. Talk about a sweet deal!

But wait, there's more! Trump's got his fingers in other digital pies too, like CIC Digital LLC and CIC Ventures LLC. Sure, these bad boys aren't bringing in the big bucks, but hey, it's all part of the Trump crypto empire.

And don't think Trump's just winging it. He's put his John Hancock on the document, swearing up and down that it's all "true, complete, and correct" to the best of his knowledge. The U.S. Office of Government Ethics is all over this like white on rice.

Remember earlier this year when Trump gave David Huitema the boot from the Office of Government Ethics? Yeah, that's the same agency that's supposed to keep the executive branch in check. Coincidence? You be the judge.

Oh, and get a load of this: 2024 SEC filings dropped a bombshell that Steve Witkoff, Trump's special envoy, was out there promoting World Liberty Financial. This crypto platform is all about lending and trading, and it's shaking things up in the decentralized finance world.

Since launching last year, World Liberty Financial pulled off a public offering that sold 21 billion tokens and raked in a cool $1 billion. That's some serious cash, folks!

Now, Trump's involvement might seem legit on the surface, but hold up. Dems and even some Republicans are crying foul, saying Trump's cashing in while in office is a major conflict of interest. Especially since he's got a ton of crypto skin in the game while he's busy shaping policy.

And check this out: SEC Chair Paul Atkins has been dropping high-profile enforcement cases against crypto companies left and right. It's like a free-for-all out there, and Trump's making sure his Official Trump (TRUMP) owners get a VIP pass to the executive branch.

But wait, there's more drama! Rep. Jamie Raskin, the top dog House Democrat, just launched a probe into a private dinner Trump threw for his meme coin's biggest investors. What's cooking in that kitchen?

And Trump's not stopping at World Liberty Financial. Trump Media & Technology Group is gunning to raise $2.5 billion for a "bitcoin treasury" strategy and to launch a Bitcoin ETF. This guy's on a roll!

But here's where it gets juicy. DRW Investments, run by Chicago trader Don Wilson, dropped a whopping $100 million into Trump Media just nine weeks after Wilson's crypto liquidity provider, Cumberland, got a sweet deal from the SEC.

Cumberland managed to dodge a civil complaint about unregistered securities dealer violations in March. And guess what? The Biden administration was all over it until the new leadership came in and let them off the hook.

DRW's investment puts them at the top of the heap when it comes to funding Trump Media's crypto expansion plans. They're all in on grabbing over $2 billion in crypto and setting up bitcoin treasury ops. Buckle up, folks, it's gonna be a wild ride!