Trump made more than $1B on crypto deals, part of 2025 windfall

https://www.wsj.com/politics/policy/trump-made-more-than-1-billion-on-crypto-deals-part-of-2025-windfall-ee917d3f

by fortran77 • 23 days ago

212 57 23 days ago

fortran77• 23 days ago

https://www.wsj.com/politics/policy/trump-made-more-than-1-b...

supertroop• 23 days ago

That’s it??? With all the corruption he has visibly demonstrated and his long list of boot licks I would have expected 10x that.

reverius42• 23 days ago

He's extremely corrupt, but not actually that good at making money and never has been.

tinbad• 23 days ago

This is just what’s known, now. Actual amounts could easily be 10/20x or more.

arkis222• 23 days ago

Don't underestimate it. His net worth increased more from crypto in the past 2 years than it did in 30 years of being a new york real estate nepo baby, when his net worth basically treaded water

mthoms• 23 days ago

That’s just what was officially disclosed.

eclipticplane• 23 days ago

And a few decades ago, Carter put his family peanut farm into a blind trust to avoid the mere suspicion of a conflict of interest.

AmericanOP2• 23 days ago

"Yeah, there is one thing. My own morality. My own mind. It's the only thing that can stop me." - Donald Trump, Jan 2026

shimman• 23 days ago

Great onion article about this if you haven't read it:

https://theonion.com/you-people-made-me-give-up-my-peanut-fa...

jfengel• 21 days ago

That article was written in January 2017. I think that even the article writer would be shocked by how bad the reality of it actually is.

mlrtime3• 22 days ago

And yet the Congress refuses to pass any insider trading laws for themselves.

nutjob22• 23 days ago

The Grifter in Chief.

You also have to add the numerous kickbacks Trump's family has received through deals done by the federal government.

All this is hardly reported because the administration has successfully cowed the media.

ethagnawl• 23 days ago

The Overton Window has shifted so far that what would have previously been regime ending scandals are now everyday occurrences.

Also, you're right about the media being cowardly but there's also just too much to report and keep people updated on. Even the more independent outlets who try ... can't.

nutjob22• 23 days ago

but there's also just too much to report and keep people updated on

This is the biggest indictment of the media, they can't summarize or aggregate? It's not giving the public a true picture. Crooks can get away with corruption in plain sight merely by doing lots of it? It beggars belief.

ourmandave3• 23 days ago

They could skip coverage of the UFC fight, and Kennedy Center name, the reflecting pool, and the 250th carnival, and WH ballroom, and all the things that are practically nothing compared to all the other f*ckery.

blondie9x• 23 days ago

It's pretty insane. https://www.msn.com/en-us/news/politics/ny-times-bombshell-d...

Remember how they were talking about Biden's son being on the Burisma board for or something? That was literally a corner of a peanut compared to the corruption we have now. MAGA? Is this great?

AmericanOP2• 23 days ago

A scandal a day makes day trading on war news from the oval office okay

whyage• 23 days ago

I wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.

inamberclad• 23 days ago

Sadly I think not. They had their opportunity in 2020.

enraged_camel2• 23 days ago

Biden ran on a platform of Back to Normal. That’s what voters wanted after four years of crazy.

I think the zeitgeist today is different. Because Trump has dialed the crazy up to eleven in his second term and a lot of Dems are now pissed. That’s why democratic socialism/leftism is having a resurgence. And, based on what I’m seeing on the ground, there’s now a strong appetite for justice and retribution.

iririririr2• 23 days ago

the system is such that the only incentive career politicians (and we don't have other kind anymore) is the campaign. they make the same money if they lose. why would they win? its a lot more work! they just have to keep it at a minimum to be considered for next campaigns.

bulbar3• 22 days ago

You don't get up the ranks over years and decades by not caring.

Politics is not foremost about money, but about power. You can make a lot of money, obviously, but the driver is power.

ourmandave3• 23 days ago

Jack Smith is tanned, rested and ready to resume the prosecution.

Assuming the house impeaches him he won't have to wait 2 years.

rvz• 23 days ago

Oh sweet summer child. Both Republicans and Democrats won’t do anything.

Given that many of these members of congress of both parties were stock trading ahead of key legislation being announced they won’t do anything to change that.

jchw• 23 days ago

Unfortunately, it would seem the majority of dems are just jealous that they don't have the chutzpah to be so flagrantly, blatantly corrupt, and stick to less lucrative and more established corrupt practices.

See, discussions like this go nowhere productive, but it's not because the people are incapable of productive discussion, or because the subject matter is incapable of being discussed productively. It's just that there's literally nothing productive to say about this complete and utter fuck show. We live in a world where the most accurate prediction of the world 10 years from now is current-day satire. There is nothing sensible to be said about the state of affairs of politics.

bulbar3• 22 days ago

It must be talked about though and resisted where possible (i.e. when voting). Otherwise, the US will be Russia 2.0 in no time.

tekacs• 23 days ago

After Biden pardoned his family members, I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.

It is – to my knowledge – an unsettled question, technically speaking, whether a president can pardon themselves. I would be unsurprised if he tried anyway, though.

Of course, states could still pursue actions against them, but I wonder in which cases they'd have standing / clear cases to pursue.

jasonlotito• 23 days ago

I would be surprised if Trump didn't complete his term by pardoning his family and all those that he works with.

As we have learned, we can ignore all of that, or they can find ways around this. The Supreme Court has made it clear the President has amazing powers.

mlrtime3• 22 days ago

Democrats couldn't pass any type of legal structure around crypto in the first place.

I realize HN is very anti-crypto, but we should agree that specific laws are needed to "pursue justice" wrt crypto.

vnext• 23 days ago

It is all about interests, not the people.

morninglight• 23 days ago

Trump’s annual financial disclosure shows more than $580M in crypto-related income Guess he wasn't into Bitcoin? https://www.cnbc.com/2026/06/30/trump-financial-disclosure-r...

arkis222• 23 days ago

"BUT WHAT ABOUT HUNTER BIDEN!?"

what a bummer

mountainriver• 23 days ago

Corruption is what kills countries.

Our inability to stop this is a very bad sign about our future.

alanwreath2• 22 days ago

Corruption is ever present. No counter to it is what kills countries.

The US has been security by obscurity in so many ways, this latest abuse is just further evidence that counting on it would only ever delay abuse for [checks calendar] about 250 years.

And really is has been in free fall for decades, the fact that so many recent examples are so flagrant (along with this) is what is upsetting (mainly because no one with any power is moving to stop it in any meaningful way).

lobsterthief• 22 days ago

In some countries (e.g. Uruguay) it’s possible to ingrain anticorruption ideals into the fabric of society. This lowers the overall level of corruption as citizens are more likely to feel it’s wrong and they’re raised to call out corruption when they see it. I guess we’d call this “social responsibility”. Of course, the social aspect must be coupled with governmental and legislative changes aimed directly at increasing transparency and reducing corruption—this is what was done in Uruguay, at least.

Corruption isn’t eliminated entirely but is drastically reduced. Taxes then get spent on society instead of corrupt politicians. The result is more bureaucracy but it also placed the country lower than the US on the Corruption Perceptions Index (CPI)[0]. CPI has its own measurement issues but is the best we’ve got.

[0] https://en.wikipedia.org/wiki/Corruption_Perceptions_Index

chips_not_fries• 23 days ago

[flagged]

johnea2• 23 days ago

Weak country Weak constitution

I have to agree with this in whole.

It's like looking at the EU now and wondering, how did they not see this glaring dependency before now? Both the petro energy source and the US military support were never as secure as it seems they were assumed to be.

Here in the US, we're still sitting on a constitution from 250 years ago. Apparently no one though an incoming presidential administration would rape and pillage the place like we've seen in the last year and a half.

European countries did largely overhaul their constitutional documents after WWII. The EU in general has much more modern legislative bodies, and electoral systems.

Here in the US, we're still stuck with founding documents that expect Pony Express to deliver the ballots 8-/

omnimus2• 22 days ago

Founding documents are worthless if you don't care to honor them.

EU might have more modern legislation but even there the far right is starting to realize when they are in power they can generally ignore the legislation or work quickly to dismantle it. Trump showed and emboldened them, tech bros are providing funding and oligarchs are steadily gaining power. It's quickly coming from the east and only reason EU might be a bit more ready than US is that it's many decentralized countries with always shifting powers.

bulbar3• 22 days ago

So, when would billionaires want to remove politicians? When the politicians are

a) too corrupt or

b) not corrupt enough

The answer seems obvious. To me, at least, apparently not to quite many US citizen.

omnimus2• 22 days ago

Why is this flagged? WSJ is not some obscure blog.

mlrtime3• 22 days ago

My guess is that the discussions lead nowhere except to predictable rants about America = bad. There is no discourse here, no rational conversations, just the same ranting we see over and over.

addandsubtract• 22 days ago

Welp, might as well accept the status quo and go back to consuming our soma.

akagusu• 22 days ago

There is a sustained censorship campaign on HN to suppress everything that make the current administration looks bad.

SV billionaires, including YC related folks, paid lots of money to buy the presidency for Trump.

tim333• 22 days ago

Off-Topic: Most stories about politics

rsynnott• 22 days ago

What baffles me is, how do the people who like him justify this to themselves? Do they just pretend it's not happening? Like, this is third world dictator levels of corruption, but the third world dictator's corruption is _usually_ not so blatantly visible while it's going on. This is all very... out in the open.

Trump made more than $1B on crypto deals, part of 2025 windfall

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