Legal experts describe the venture as “legal but unethical,” emphasizing that the investments would not have flowed in without the currencies’ ties to the president.
Reuters' review shows billions in profits for the first half of 2025. And even then, only realized profits are reported, that is, assets that have actually been sold. Increases in the value of cryptocurrencies and other assets that have not yet been converted into dollars could amount to tens of billions more, the news agency estimates.
World Liberty Financial is the name of Trump's crypto company, managed by, among others, sons Eric Trump and Donald Trump Jr. It has a cryptocurrency abbreviated as WLFI, and also handles so-called mem currencies named after Donald Trump himself and his wife Melania.
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