Trump’s latest financial documents exposed: How many cryptocurrencies does he hold and how much money has he made from NFT?

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According to the latest personal financial disclosure documents obtained by the ethics watchdog group Citizens for Ethics, Trump has declared holding assets on the Ethereum chain worth between $1 million and $5 million. In addition, Trump earned more than $7.15 million from three NFT projects, including the Mugshot and two sets of Donald Trump Trading Cards.

Source: Citizensforethics

Arkham Intelligence data shows that Trump’s assets on the Ethereum chain are currently worth US$3.5 million, including US$1.29 million in ETH and other tokens. The value of his crypto assets briefly surged to US$18 million in June. The reason was that the meme currency TRUMP was skyrocketing at the time, and he benefited from the project airdropping a large number of tokens to him for free.

Want to send more NFTs and peripheral products

In addition, Trump already hinted last month that he would release a fourth NFT series. He said at the time, "I'm going to release another one because people want me to release another one." He also mentioned that he had previously been criminally prosecuted and launched it accordingly. Mugshot NFT pointed out that "we had a year to sell it, but it was sold out in one day", which shows his superb ability to attract money.

Trump also recently launched limited-edition sneakers with the words "TRUMP CRYPTO PRESIDENT" printed on the 1st. Although the price was as high as $499, 1,000 pairs of orange limited-edition sneakers were sold out within a few hours.

In addition to cryptocurrency-related assets, the disclosure document also revealed that Trump made more than $300,000 from the sale of the God Bless America Bible and $2.16 from Mar-a-Lago and his own brand of golf courses in Florida. billion dollars.

Note: Trump was legally obliged to submit comprehensive financial disclosure data when he ran for president of the United States.

Family group also plans to launch cryptocurrency initiative

Trump was once a critic of Bitcoin and cryptocurrencies, but in recent months he has become a strong advocate of digital assets. When he attended the Bitcoin Conference a few days ago, he announced that if he was elected president, he would never sell any assets owned by the U.S. government. of Bitcoin and will hold it as a strategic reserve asset.

Eric Trump, Trump’s second son and current vice president of the Trump Organization, also seems to be eyeing cryptocurrency business opportunities. He said this week that the Trump Organization will soon launch a new cryptocurrency plan and It was revealed that the project may be related to "digital real estate".

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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