#private-prison

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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.