The recent revelation has increased the amount specified in previous records. These records indicated that Trump possessed an Ethereum wallet with a balance between $250,000 and $500,000.
Furthermore, a recent financial statement has unveiled that an Ethereum wallet holds over $2.8 million, belonging to the former President of the United States, Donald Trump.
Moreover, the nonprofit watchdog organization, Citizens for Responsibility and Ethics in Washington shared statements on August 14 revealing that Donald Trump has earned over $4.8 million through licensing fees associated with nonfungible token (NFT) collections featuring his image.
Additionally, his crypto-related endeavors have yielded approximately $7.6 million in total net profit. Trump’s April 14 filing disclosed that his Ethereum wallet holds a value ranging from $250,000 to $500,000. However, an astounding amount of $2.8 million resides in the same wallet, surpassing the stated figure.
You might've missed this in the middle of the Georgia indictment news, but we got our hands on new Trump financial documents. Give them a read here: https://t.co/oAHGihGNAO
— Citizens for Ethics (@CREWcrew) August 15, 2023
Trump is seeking to regain the presidency and return to the White House in the upcoming 2024 election. This follows his defeat against current President Joe Biden in 2020.
The latest financial report of President Trump finds itself overshadowed by news of his indictment in Georgia on August 14. The charges leveled against him and his supporters involve allegations of conspiracy to interfere with the 2020 presidential electio Ethereum wallet.
Former Real Estate Tycoon Trump’s Shifting Stance on Cryptocurrencies
Moreover, the real estate tycoon, known for his immense wealth, has expressed doubt about cryptocurrencies in the past. He has even suggested that these digital assets might not be genuine and could pose a potential disaster.
Interestingly, Donald Trump’s increasing involvement in cryptocurrency contradicts his past stance on the matter. The former president, known for his success in real estate, has previously expressed doubt towards digital currencies.
He once went to call them “potentially fake” and a “disaster waiting to unfold.” Trump has been particularly critical of Bitcoin, going as far as labeling it a possible “scam.” Moreover, he voiced concerns about Bitcoin competing with the U.S. dollar and openly showed his preference for traditional currency over decentralized digital assets.
In December 2022, the “Trump Digital Trading Cards” NFT collection was launched. During an interview on the show “Weekly Briefing With Chanel Rion” on One America News (OAN), Trump discussed these NFTs.
Trump finally explains his NFT Trading cards…@OANN – #DonaldTrump pic.twitter.com/6NqoZMRGyS
— Chanel Rion OAN (@ChanelRion) December 23, 2022
Related Reading | Bitcoin Frontier Fund Introduces Ordinals Accelerator Program
He has expressed opposition to Ethereum, describing it as potentially fraudulent and disliking its competitive natureagainst the dollar.
Rida Fatima
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