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Crypto News

New Statement Shows Trump’s Ethereum Wallet Owns $2.8M

Author

Jay Solano

Tags

Reading time

1 min
Last update

Author

Jay Solano

Tags

Reading time

1 min
Last update

Author

Jay Solano

Tags

Reading time

1 min
Last update

donald trump

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The latest disclosure raises Trump’s Ethereum wallet balance from $250,000 to $500,000.

Trump’s Ethereum wallet holds over $2.8 million, according to the latest financial statement.

The nonprofit watchdog Citizens for Responsibility and Ethics in Washington released statements on Aug. 14 showing Trump earned over $4.8 million from license fees for nonfungible token (NFT) collections featuring his image and $7.6 million from crypto-related ventures.

Trump’s April 14 filing reported $250,000 to $500,000. His Ethereum wallet has $2.8 million.

Trump is seeking reelection in 2024 after losing to Joe Biden in 2020.

On Aug. 14, Trump and his allies were indicted in Georgia for conspiring to meddle with the 2020 presidential race, overshadowing his latest financial report.

Cryptocurrencies “may be fake” and a “disaster waiting to happen,” according to the billionaire real estate tycoon.

Bitcoin “seems like a scam” and he doesn’t like it “because it is another currency competing against the dollar.”