#financial-disclosure

5 entries with this tag

Corruption & Grift

Trump Bragged from the Oval Office That He Dropped Crypto Investigations — "You're Lucky I'm President!" — While His Financial Disclosure Shows He Made $1.4 Billion from Crypto, His Memecoin Lost Investors $3.8 Billion, He Pardoned the Binance Founder Who Pleaded Guilty to Money Laundering, and His SEC Chair Dropped Cases Against Companies That Donated to His Inauguration

President Trump told cryptocurrency figures from the Oval Office: "Every time I see a crypto guy where they dropped an investigation, I said, 'You're lucky I'm president!'" His 2025 financial disclosure, filed days earlier, shows he made $1.4 billion from crypto — $636 million from the $TRUMP memecoin and nearly $800 million from World Liberty Financial, a venture he co-founded with his sons. Meanwhile, nearly one million investors who bought the $TRUMP memecoin lost a combined $3.81 billion as the token crashed 97% from its peak. Trump profited whether the price went up or down — he collected returns whenever anyone traded the tokens, which he promoted on Truth Social. His SEC chair Paul Atkins — who holds $6 million in personal crypto assets — dropped or dismissed at least a dozen crypto enforcement cases, including meritorious litigation against Binance, Coinbase, and Kraken. Crypto-related enforcement fell 60%. Trump pardoned Changpeng Zhao, the Binance founder who pleaded guilty to money laundering in 2023. Binance then deployed engineers to build World Liberty Financial's stablecoin and holds 86% of all USD1 tokens. Companies whose cases were dropped — Coinbase, Kraken, Ripple, Robinhood, Crypto.com — had each donated at least $1 million to Trump's inauguration. At the 2025 memecoin gala dinner, 19 of the top 25 holders were likely foreign nationals. Justin Sun, a Chinese billionaire facing SEC fraud charges that were paused by the Trump administration, held the top spot. Freight Technologies bought $20 million in tokens explicitly to "advocate for fair trade." Rep. Greg Casar: "The Trump family has made over $5 BILLION in corrupt crypto deals. Now Trump is openly bragging that his government won't investigate cryptocurrency-related crimes. Corruption, plain and simple." Senator Gillibrand proposed banning elected officials from issuing memecoins. The president of the United States stood in the Oval Office and boasted about dropping investigations into the industry that made him a billionaire.

Corruption & Grift

Trump Personally Called FIFA's President to Get a U.S. Player's Red Card Reversed at the World Cup — FIFA Complied, Belgium Is "Astonished," and the Same FIFA President Gave Trump a Peace Prize, Rents Office Space in Trump Tower, Gave Him $15,000 in Tickets, and Will Let Him Present the Trophy at the Final

President Trump personally called FIFA President Gianni Infantino to ask him to review U.S. striker Folarin Balogun's red card suspension during the 2026 World Cup, the New York Times reported. FIFA then reversed the automatic one-game ban, citing Article 27 of its disciplinary code, making Balogun available for the Round of 16 match against Belgium. The Belgian Football Association said it was "astonished" and is "investigating all potential options." Trump posted: "Thank you to FIFA for doing what was right, and reversing a great injustice!" USMNT coach Mauricio Pochettino, asked if politicians should lobby FIFA over specific decisions: "No, we cannot mix that. We cannot mix that." Sky Sports pundit Gary Neville: "It absolutely stinks, let's be really clear." The call is the latest expression of an extraordinary relationship between Trump and Infantino. FIFA awarded Trump its inaugural "Peace Prize" in December 2025 — a prize no senior FIFA official had heard of before Infantino announced it. FIFA rents office space in Trump Tower at an estimated $40,000 per month — space that reportedly sits largely idle. Infantino gave Trump $15,000 in tickets to the FIFA Club World Cup final. Trump's financial disclosure lists nearly $120,000 in sports tickets from various sources. Infantino announced Trump will help present the World Cup trophy at the July 19 final. Fifty members of the European Parliament sent FIFA a letter urging it to address an ethics complaint over the peace prize, calling it "a clear breach of FIFA's duty of neutrality." The president of the United States called the president of FIFA to get a soccer ruling changed in his country's favor during a tournament his country is hosting, and FIFA — which rents space in his building, gave him a peace prize, and will put him at center stage for the final — said yes.

Corruption & Grift

Trump's Financial Disclosure: $1.4 Billion in Crypto Income in 2025 — His Meme Coin Made Him $635 Million While Retail Investors Lost $2.3 Billion — He Also Bought Private Prison Stock as ICE Detainees Doubled

Trump's 2025 financial disclosure — 927 pages, compared to Obama's 8 and Biden's 11 — reveals at least $1.4 billion in cryptocurrency income and $2.24 billion in total revenue. The breakdown: $635 million from licensing his $TRUMP meme coin, which he launched three days before inauguration and which has since crashed 97.7% (from $74.27 to $1.68), leaving over one million retail investors with $2.3 billion in combined losses. Another $526 million from World Liberty Financial token sales — the company where an Abu Dhabi royal family member secretly purchased a 49% stake for $187 million to Trump entities, then received approval for hundreds of thousands of advanced AI chips despite national security concerns. And $100+ million in bitcoin held in cold wallets — the first time a sitting president has disclosed direct crypto ownership. Forbes estimates Trump's net worth nearly tripled from $2.3 billion to $6.5 billion, driven by crypto. The same disclosure reveals Trump's investment accounts bought stock in GEO Group, the private prison company, starting 10 days after inauguration — as ICE detainees swelled from 35,000 to 70,000 and GEO reported record $254 million profits (a 700% increase). In 2021, Trump called Bitcoin "a scam." The crypto industry then became the largest corporate donor of the 2024 election at $238 million. He now calls himself the "crypto president." His SEC dropped enforcement actions against Coinbase, Kraken, Ripple, and others. He disbanded the DOJ unit that investigated crypto crime. He signed crypto-friendly legislation. And he made $1.4 billion. A May 2026 poll found 62% of voters don't trust Trump to regulate crypto; even 59% of Republicans oppose officials maintaining crypto business interests while in office.

Corruption & Grift

Trump Made 3,700 Stock Trades Worth Up to $750 Million — Then His Government Handed Those Companies Contracts and Favors

Financial disclosures reveal Trump made over 3,700 stock trades in Q1 2026 totaling $220M-$750M. The pattern: buy stock, then promote the company or award it a government contract. He bought up to $5M in Dell, told Americans to "buy a Dell computer," then the Pentagon gave Dell a $9.7B contract. He bought TKO (UFC's parent) stock, then staged a UFC fight on the White House lawn. He bought AMD stock on January 6 — a week before Commerce authorized AMD to sell chips to China. He bought Oracle stock as his administration helped Oracle secure TikTok. Jim Cramer was speechless. His investments are not in a blind trust. JD Vance's defense: "The president doesn't sit at the Oval Office on his Robinhood account." The fine for missing his disclosure deadline: $200.

Corruption & Grift

3,700 Trades in 3 Months: Trump's Financial Disclosure Reveals Astonishing Trading Activity as He Props and Drops Companies

Trump's financial disclosure to the Office of Government Ethics revealed 3,642 securities transactions in Q1 2026 — roughly 60 trades per trading day, valued at $220M–$750M. He's buying and selling Nvidia, Microsoft, Amazon, Meta, Boeing, and dozens more — the same companies whose stock prices move when he announces tariffs, approves chip deals, or shifts policy. Wall Street insiders called the volume "astonishing."