1 month ago
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Key Takeaways
- Trump reported $636 million in memecoin income.
- Gillibrand renews ban on officials issuing tokens.
- Ethics dispute threatens Clarity Act August vote.
Largest Income Source, Delivered by a Token
The trigger was the president’s 927-page annual filing with the Office of Government Ethics, released this week. According to Roll Call’s review, Trump reported more than $1.4 billion in crypto-related income for 2025: $635 million in royalties tied to his memecoin business through CIC Digital, $527 million in proceeds from token sales by family-owned World Liberty Financial, and roughly $263 million linked to stakes in WLF holding companies. Crypto accounted for more than half of his total $2.2 billion income.
The structure of the memecoin figure matters for how the ethics debate unfolds, despite Trump himself saying that “there’s nothing illegal”. The income came primarily from lice...
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