Trump responds to eye-popping report on crypto profits while president

President Trump on Wednesday distanced himself from his recently released personal financial disclosures showing more than $1 billion in revenue from cryptocurrency sales and other ventures.

“I don’t get involved in my personal. We have funds that run my money,” Trump told reporters at Joint Base Andrews, Md., ahead of his trip to North Dakota, when asked what message the disclosures send to average Americans.

When pressed on whether he was benefiting from the ventures, the president said, “I made a lot of money before I became president.”

Trump went on to say the financial institutions that handle his personal finances create a “blind account,” and he “purposefully” does not speak to anyone involved in handling those funds.

“They invest my money. I don’t talk to them. I don’t even speak to them,” he said during the gaggle. “So, I have many people, I don’t know what they call them, closed accounts or something, you put their money and that’s it. I don’t talk to them. They’re big institutions, and they run it.”

When asked about critics saying he is profiting off of the presidency, Trump said he’s earning more because the stock market is rising.

“Everybody is profiting,” he noted.

Trump’s personal financial disclosures released on Tuesday showed he raked in more than $500 million from the cryptocurrency venture he co-founded with his sons Eric Trump and Donald Trump Jr., who were seen with the president as he took questions on Wednesday.

The Trumps launched World Liberty Financial in fall 2024 as the then-presidential candidate embraced the crypto industry during his campaign.

World Liberty Financial has been a frequent source of controversy in Trump’s second term, as critics have accused the president and his family of conflicts of interest.