Donald Trump’s Crypto Wallet Reveals $1 Million in Ethereum
The frontrunner for the 2024 Republican presidential nomination, Donald Trump, has filed a new disclosure as a candidate, revealing various sources of income that can fund his campaign. Here are the key points:
- Trump’s businesses and properties, including a Miami company that owns golf courses and a resort, generated $145.8 million in income in 2022.
- Federal candidates in the U.S. must disclose the value of certain assets and types of income, such as dividends, capital gains, and rent.
- Trump’s filing shows that CIC Digital LLC, a company that licensed his image on NFTs, held a crypto wallet with at least $1 million in ethereum.
- The NFTs, called Trump Digital Trading Cards, depict the 45th president as various characters and were launched in December 2020.
- Unlike other Republican hopefuls, Trump has not embraced bitcoin, once stating that their value is based on thin air.
Hot Take: Donald Trump’s disclosure of a crypto wallet with $1 million in ethereum reveals his growing involvement in the digital asset space. While some Republican candidates have embraced cryptocurrencies, Trump remains skeptical of their value.
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