A recent financial disclosure — made public on August 14 by the nonprofit Watchdog team Citizens for Ethics in Georgia — states that Donald Trump’s NFTs and other crypto ventures total a staggering $12.4 million.
Quick Takes:
- Donald Trump has generated $4.8 million from NFTs and $7.6 million in other crypto ventures.
- Despite previous reports, the former president’s Ethereum wallet boasts $2.8 million worth of ETH.
- Citizens for Ethics’ recent indictment showcases Trump’s digital riches as he considers returning to the White House.
Unmasking Trump’s Digital Fortunes
According to the statement, Trump netted more than $4.8 million from licensing fees linked to his NFT trading cards. A substantial amount of crypto, being that, since the launch of the 44,000-piece collection, the project has faced many criticisms.
Additionally, Trump has secured a notable profit from other crypto-based activities, racking up an impressive $7.6 million.
Considering claiming to be “not a fan of Bitcoin and other cryptocurrencies,” the former U.S. president holds a sizeable chunk of blockchain assets.
Moreover, as per the report, Trump’s Ethereum wallet — previously declared to hold between $250,000 to $500,000 — possesses $2.8 million worth of ETH.
After contemplating returning to the White House in 2024, his financial maneuvers came to light. Another reason behind the findings is accusations of manipulating the presidential election in 2020.
The unfolding of Trump’s digital gold underscores the complex nature between power, politics, and the blockchain economy.
Source: NFT Lately
