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Coinbase Director: Trump Profits Over $800 Million from Meme Coin Launched
2025-02-03 08:21

Odaily News Coinbase Director Conor Grogan said that US President Donald Trump and his team may have earned more than $800 million after launching the TRUMP coin. He also said that Trump and his team earned $802 million through transfers, liquidity events and fees related to TRUMP.
Since its launch on January 18, the Trump team has transferred more than $482 million in TRUMP, SOL, and USDC to cryptocurrency exchanges such as Binance, KuCoin, and OKX. Grogan pointed out that although the team sent these tokens to the exchanges, it is still unclear whether they have been sold.