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World

Who is funding Trump’s billion-dollar crypto empire?

7 May 2025

7:00 PM

7 May 2025

7:00 PM

By one recent estimate, Trump’s foray into crypto has made his family almost $3 billion in six months and now accounts for up to 40 percent of his wealth.

At the same time, his administration has been quietly dismantling guardrails around the crypto industry. Trump has slashed funding for key Treasury initiatives, scrapped proposed anti-fraud rules, and even pardoned crypto felons.

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