Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.
Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.
Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.
This is some of why at least some Americans probably wish the Iran plot succeeded
Do you hear the people sing? Singing the song of angry men.
an “unprecedented” $2.2bn in 2025 revenues by...expanding his Truth Social business and more
What? How does that make money? Is he selling sugar pills that claim to make your penis bigger or sth?
Edit:
Canter added that “Trump is increasingly dependent on the presidency to generate business profits since his media company has been losing money over the past several quarters.”
Trump Media & Technology, the company behind the Truth Social platform, on 10 August announced it lost a whopping $238m in the three months through June as it branched out into new businesses including crypto.