Trump goes on offense after report he made $1.2B through crypto while in office

The Associated Press reported Wednesday that Trump had brought in roughly $1.2 billion in 2025 through cryptocurrency businesses.

Published: July 1, 2026 10:28am

President Donald Trump on Wednesday insisted that he was not in contact with the people managing his money while in office in response to reports that he had made more than $1 billion through cryptocurrency while in office.

"I purposely, I never speak to any of the people that run my money," he told reporters. "Well, you know why I'm profiting? The stock market's going up."

The Associated Press reported Wednesday that Trump had brought in roughly $1.2 billion in 2025 through cryptocurrency businesses.

"I've made a lot of money before I became president and they invest my money," he added, saying he maintained a "blind account" in which he did not personally manage his assets.

Ben Whedon is the Chief Political Correspondent for Just the News. Follow him on X.

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