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Donald Trump is raking in cash with crypto

Donald Trump has been quietly raking in billions of dollars in cryptocurrency with meme coins, NFT’s, and a crypto marketplace. It’s always been obvious that Trump’s political goals are almost entirely financial, and his newest venture is reportedly confirming this feeling.

Crypto companies donated at least $41 million since January to Trump’s political action committee to help elect pro-crypto congresspeople

$TRUMP, $MELANIA, and USD1 were released in early 2025, immediately gaining mass wealth.

Now according to the Wall Street Journal, Trump’s meme coins have created over $5 billion of wealth, on paper.

The ‘on paper’ part is important here; meme coins have a history of collapsing overnight.

But, when they do, it’s almost always to the benefit of the coins owner, not the individual investors.

The first ‘crypto president

A representation of TrumpCoin cryptocurrency is displayed on a mobile phone for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images)

Some forgot that Trump ran on calling himself the “first crypto President”. At the time, the statement went forgotten by the vast majority of people (how could it not?), but clearly he was serious, and it’s working. Right now, Trump has a plethora of digital crypto content.

The ‘holdings’ even include digital trading cards featuring Trump wearing a superhero’s cape…

If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future,

-Donald Trump

Other holdings include multiple meme coins ($TRUMP, $MELANIA), ‘Stablecoins’ (coins tied to the US dollar like USD1), and a variety of other tokens.

The real kicker, though, is that all of these coins and tokens are being traded on a marketplace owned by the Trump family.

All of these assets are bought, sold, and monitored on World Liberty Financial, a marketplace created by Trump’s sons.

Trump’s second-born, Eric, commented on the evaluations of the asset, claiming that the total was “probably more” in an interview with The Financial Times. He also went on social media, stating:

« We’re setting a new standard for financial freedom; built on trust, speed, and U.S. values, » and then bragging:

« This is a huge moment for the future of money! »

40 million Americans are living in poverty

All of this comes when more than 40 million Americans are living in poverty.

One wonders how long it will take for that $5 billion to trickle down…

Pivoting till the cows come home

Donald Trump’s list of full-on failures outweighs his successes tenfold, and since being elected, that track record has somehow not improved.

This shift to crypto represents another pivot in a long line of desperate attempts to grow his wealth and keep his businesses afloat.

One of Trump’s original presidential ventures was Truth Social and the Trump Media & Technology Group. That attempt lost $401 million in 2024, before shifting its assets to crypto in 2025.

According to mandatory financial disclosures, Trump now holds roughly 15.75 billion WLFI tokens worth more than $3.4bn, making crypto the most significant source of his fortune and overshadowing his wealth tied up in shadily-purchased property (see property purchases in Qatar, Dubai, Israel, etc).

Lawmakers in bed with crypto

WASHINGTON, DC – MAY 22: Demonstrators hold up mock crypto currency during the « America is Not for Sale » Rally Against Trump’s Crypto Dealings at the Trump National Golf Club on May 22, 2025 in Washington, DC. (Photo by Jemal Countess/Getty Images for Public Citizen)

While a president selling what are essentially stocks related to his fame and the U.S. dollar is obviously a conflict of interest on many levels, the White House maintains that all actions are above board, with Karoline Leavitt claiming:

“Neither the President nor his family have ever engaged, or will ever engage, in conflicts of interest”.

In May, Donald Trump Jr. told the audience of a bitcoin conference in Las Vegas that policymakers in charge of crypto regulations were now “invested in [crypto] themselves.”

He went on to brag about how this will “bode very well for the community”.

To prove their loyalty to the newly-found technocrat, crypto companies donated at least $41 million since January to Trump’s political action committee to help elect pro-crypto congresspeople, and it’s only October!

More than 40 percent of Trump supporters said they had not heard of Trump’s meme coin or the family crypto platform.

A third of Americans believe that Donald Trump has not financially benefited from his presidency at all.

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Trump urges Zelensky to surrender vast Ukrainian territories to Russia: «Let it be cut the way it is»

Volodymyr Zelensky’s most recent visit to the White House did not unfold as he had hoped.

While the Ukrainian president sought to secure an agreement for the delivery of Tomahawk missiles, the Financial Times, later echoed by The Daily Beast, reported that Trump privately told him to surrender all territory invaded by Russia or face total destruction by Moscow.

Trump reportedly told Zelensky to surrender territory or face destruction from his friend-again Putin.

The Daily Beast (@thedailybeast.bsky.social) 2025-10-19T19:30:51.991580Z

A tunnel between Russia and Alaska

At the same time, Vladimir Putin appeared to muddy the waters by reengaging with Trump and planning a new in-person meeting with the U.S. president.

«I’m not happy with this.»

-Volodymyr Zelensky
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During Zelensky’s visit to the White House, Trump brought up a recent Russian proposal to build a tunnel between Russia and Alaska, an idea put forward by Kremlin envoy Kirill Dmitriev. Trump called it «an interesting one» and said he «would have to think about it».

When asked by Donald Trump about the idea, he responded straightforwardly: «I’m not happy with this».

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This strange, and likely deliberate, exchange set the tone for Zelensky’s visit, as a report from the Financial Times, echoed by The Daily Beast, indicated that the meeting turned tense behind closed doors.

All Russian-occupied territory

Trump allegedly told Zelensky in blunt terms to surrender all Russian-occupied territory or face Ukraine’s total destruction by Russia. This proposal aligns precisely with Vladimir Putin’s demands, suggesting that Trump has no intention of supporting any Ukrainian gains in response to Russia’s invasion.

«It’s cut up right now.»

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A few days before his White House meeting with Volodymyr Zelensky, Donald Trump held a phone call with Vladimir Putin on 16 October. During the call, both sides discussed the possibility of a summit in Budapest involving Russia and the United States.

Following his visit on American soil, Zelensky expressed his wish to be included in such talks as part of a trilateral peace process, a request that, so far, has gone unanswered.

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Donald Trump appeared to indirectly confirm the Financial Times report when questioned by reporters aboard Air Force One.

Trump suggested that the best way to end the war in Ukraine would be to «cut up» the country in a way that leaves most of it under Russian control, specifically referencing the Donbas region: «Leave it the way it is right now.»

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«They can negotiate something later on down the line.»

Over many months

Referring to territories currently occupied by Russian forces, Trump added: «It’s cut up right now.»

Trump declared that «they can negotiate something later on down the line», but for now, Trump urged both sides of the conflict to «stop at the battle line.»

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These comments by the president seem to reflect his views over many months, but not those of last month, when he abruptly reversed his stance on Ukraine. He had accused Ukraine of being responsible for the war, yet suddenly claimed that he believed Ukraine could reclaim all its territory and even «go further» into Russian lands, suggesting he might provide U.S. Tomahawk missiles to help them defend themselves.

Good morning New York, while you were sleeping this was our most read story. on.ft.com/46YUUge

Financial Times (@financialtimes.com) 2025-10-20T11:35:05.032497Z

Nazi chat leaks and sparks outrage, JD Vance defends Young Republican leaders

Trump ramps up conflict with Venezuela with CIA-backed operation

US flag with swastika found in Republican’s office

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Leaked Telegram chat of Young Republican leaders sparks outrage

Politico recently published a bombshell investigation into a Telegram group chat involving several leaders of the Young Republicans, where participants exchanged messages that included disturbing jokes about gas chambers and expressions of admiration for former Nazi leader Adolf Hitler.

EXCLUSIVE: Thousands of leaked messages show leaders of Young Republican groups joking about gas chambers, slavery and rape in a private Telegram chat.Inside rising GOP leaders’ racist chats — obtained by POLITICO and spanning more than 7 months👇

Politico (@politico.com) 2025-10-14T17:22:45.145Z

Among the most disturbing material in the Telegram group reviewed by Politico, were repeated racial slurs aimed at Black, Jewish, Latino, and Asian individuals, as well as messages praising rape, slavery, and psychological torture, and encouraging the harassment of political opponents to the point of suicide.

2,900 pages of Telegram messages

According to Politico, more than 2,900 pages of Telegram messages exchanged over a seven-month period between leaders of various state chapters of the Young Republican National Federation were leaked and reviewed by the outlet.

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«I’m ready to watch people burn now.»

The conversations, involving officials from states such as New York, Kansas, Arizona, and Vermont, revealed a disturbing pattern of racist, antisemitic, and violent rhetoric.

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The chats include messages such as «Everyone that votes no is going to the gas chamber,» and «I’m ready to watch people burn now,» attributed to Peter Giunta. Other exchanges record participants praising Nazi imagery with lines like «Great. I love Hitler.» Several members repeatedly used racial slurs in redacted form and referred to Black people as «the watermelon people.»

In one thread, a participant wrote «It was rape,» to which another replied «Epic.» There are also messages discussing tactics of harassment — «When do we start bullying dude?» — and references to inflicting «physiological torture» on rivals.

These examples, found throughout the roughly 2,900 pages of Telegram messages reviewed by Politico, reveal a consistent pattern of racist, antisemitic, and violent rhetoric among leaders of the Young Republicans.

Two more members of a Young Republican group chat strewn with racist epithets and hateful jokes stepped down from their jobs Tuesday after we published an exclusive report on the Telegram exchanges.

Politico (@politico.com) 2025-10-15T16:27:57.850Z

«Everyone that votes no is going to the gas chamber.»

According to Politico, the fallout from the leaked Telegram group chat has already led to repercussions for several participants. William Hendrix, former vice chair of the Kansas Young Republicans, who repeatedly used racial slurs, is no longer employed at the Kansas Attorney General’s office. Bobby Walker, then head of the New York State Young Republicans, who referred to rape as «epic» in the leaked messages, was dropped from a congressional campaign. Peter Giunta, chair of the same organization, wrote that «everyone that votes no is going to the gas chamber.»

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«Kids do stupid things»

-JD Vance

Both Walker and Michael Giunta apologized for their offensive messages but suggested the leaks were politically motivated, calling them part of a «character assassination» effort by members of the New York Young Republican Club.

Far from «kids»

Vice President JD Vance repeatedly defended the comments, minimizing the seriousness of the group chat’s content. Speaking on The Charlie Kirk Show podcast, he described the participants as «young boys,» saying that «kids do stupid things» and dismissing the messages as merely «edgy» and «offensive jokes.»

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However, several of the group’s participants were far from «kids»: members of the Young Republican National Federation involved in the scandal ranged from 22 to 36 years old, including Peter Giunta, who is 31.

JD Vance downplayed bigoted messages found in Young Republicans’ group chats from our exclusive reporting, suggesting they were nothing more than “edgy, offensive jokes.”

Politico (@politico.com) 2025-10-15T18:41:28.690Z
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Controversy erupts over American flag with swastika design displayed in Republican congressman’s office

A Capitol Police investigation has been requested following a Politico report that revealed a shocking image allegedly taken inside the office of Ohio Republican Representative Dave Taylor, showing an American flag altered to include a swastika.

EXCLUSIVE: Capitol Police are investigating a swastika found in GOP Rep. Dave Taylor’s office.“The content of that image does not reflect the values or standards of this office, my staff, or myself, and I condemn it in the strongest terms," Taylor said in a statement.

Politico (@politico.com) 2025-10-15T18:59:35.939Z

According to The New York Times, the Republican congressman said on Wednesday that both his office and the U.S. Capitol Police were investigating the «inappropriate symbol» after an image, reported by Politico to have been taken during a virtual meeting that included one of the congressman’s staff members, circulated publicly.

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«I am aware of an image that appears to depict a vile and deeply inappropriate symbol near an employee in my office.»

The result of «foul play or vandalism»?

The incident originated from an online image showing Angelo Elia, an aide to Representative Dave Taylor, during a virtual meeting held from Taylor’s office in the Cannon House Office Building, where an American flag modified to include a swastika could be seen in the background.

«I am aware of an image that appears to depict a vile and deeply inappropriate symbol near an employee in my office,» said the congressman in a statement, noting that the image had drawn significant attention on social media.

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«The content of that image does not reflect the values or standards of this office, my staff, or myself, and I condemn it in the strongest terms,» the Republican representative continued in his statement.

Representative Dave Taylor, Republican of Ohio, said on Wednesday that his office and the U.S. Capitol Police were investigating after an American flag that had been altered to depict a swastika was found in his Capitol Hill office.

The New York Times (@nytimes.com) 2025-10-15T22:45:04.348250Z

According to The New York Times and Politico, however, the congressman and his office appeared to suggest early on that the flag’s presence might be the result of «foul play or vandalism,» even though the investigation had only just begun.

Republican Congressman Dave Taylor, who has represented Ohio’s 2nd District since January 2025, is a vocal ally of President Donald Trump and a staunch advocate of his «America First» agenda, often echoing the president’s positions on immigration, national security, and what he describes as federal government overreach.

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A bombshell investigation into a Telegram group chat

The flag found in the congressman’s office marks the second Politico report within days alleging the presence of Nazi-related symbols or rhetoric within the Republican Party.

Earlier, Politico published a bombshell investigation into a Telegram group chat involving several leaders of the Young Republicans, where participants exchanged messages that included disturbing jokes about gas chambers and expressions of admiration for former Nazi leader Adolf Hitler.

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Among the most disturbing material in the Telegram group, a cache of 2,900 pages leaked and reviewed by Politico, were repeated racial slurs aimed at Black, Jewish, Latino, and Asian individuals, as well as messages praising rape, slavery, and psychological torture, and encouraging the harassment of political opponents to the point of suicide.

A «character assassination» effort

According to Politico, the fallout from the leaked Telegram group chat has already led to repercussions for several participants. William Hendrix, former vice chair of the Kansas Young Republicans, who repeatedly used racial slurs, is no longer employed at the Kansas Attorney General’s office. Bobby Walker, then head of the New York State Young Republicans, who referred to rape as «epic» in the leaked messages, was dropped from a congressional campaign. Peter Giunta, chair of the same organization, wrote that «everyone that votes no is going to the gas chamber.»

Getty Images

Both Walker and Michael Giunta apologized for their offensive messages but suggested the leaks were politically motivated, calling them part of a «character assassination» effort by members of the New York Young Republican Club.

Vice President JD Vance repeatedly defended the comments, minimizing the seriousness of the group chat’s content. Speaking on The Charlie Kirk Show podcast, he described the participants as «young boys,» saying that «kids do stupid things» and dismissing the messages as merely «edgy» and «offensive jokes.»

Getty Images

However, several of the group’s participants were far from «kids»: members of the Young Republican National Federation involved in the scandal ranged from 22 to 36 years old, including Peter Giunta, who is 31.

JD Vance downplayed bigoted messages found in Young Republicans’ group chats from our exclusive reporting, suggesting they were nothing more than “edgy, offensive jokes.”

Politico (@politico.com) 2025-10-15T18:41:28.690Z
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Trump ramps up conflict with Venezuela through CIA-backed anti-cartel operation

Donald Trump has announced that he has authorized CIA operations in Venezuela, marking an unprecedented escalation in his administration’s campaign against drug cartels.

President Trump said he had authorized the CIA to conduct covert action in Venezuela and was considering ground strikes, stepping up a campaign against Nicolás Maduro, the country’s authoritarian leader. Read more: nyti.ms/3L02IFT

The New York Times (@nytimes.com) 2025-10-16T11:55:36.580059Z

According to The New York Times, the decision comes several weeks after U.S. strikes targeted vessels that the Trump administration claimed were transporting narcotics toward the United States.

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Nearly 30 deaths

Trump also stated that he may soon approve direct operations on Venezuelan soil, raising the prospect of a potential military confrontation with a South American nation.

Since early September, U.S. forces led by Pete Hegseth have been targeting boats off the Venezuelan coast that they claim are transporting narcotics, resulting in nearly 30 deaths.

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«We are certainly looking at land now, because we’ve got the sea very well under control.»

The operations were reportedly carried out at Donald Trump’s direction. However, doubts persist over whether all those killed were drug traffickers, as the Trump administration asserts.

Colombian authorities have stated that one vessel hit during a fifth U.S. strike was in fact a Colombian civilian boat.

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A military confrontation between the two countries?

Trump appears unsatisfied with the results of his international maritime operations, as the CIA has now been authorized to conduct covert special missions inside Venezuela targeting drug cartels.

«In the face of this maximum military pressure, we have declared maximum preparedness for the defense of Venezuela.»

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The president has insisted that the next phase could involve direct strikes on targets within Venezuela, a move that would almost certainly trigger a military confrontation between the two countries.

Speaking to reporters inside the White House, Trump said, «We are certainly looking at land now, because we’ve got the sea very well under control.»

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According to the Associated Press, President Nicolás Maduro said the country was in «maximum readiness» and warned that any attack would trigger a national mobilization: «In the face of this maximum military pressure, we have declared maximum preparedness for the defense of Venezuela,» adding that the deployment was «an extravagant, unjustifiable, immoral and absolutely criminal and bloody threat.»

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According to The New York Times, roughly 10,000 U.S. troops have been deployed across the Caribbean region, most of them stationed in Puerto Rico, with additional Marine units operating from amphibious assault ships.

BREAKING: President Trump says he has authorized CIA action in Venezuela.

NBC News (@nbcnews.com) 2025-10-15T21:38:22Z

Trump’s $20B to Argentina sparks MAGA backlash