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Trump responded to making huge profits from cryptocurrency: I didn't know about it

2026-07-02 23:06

In an interview with CNBC on Thursday local time, U.S. President Trump dodged questions about the profits he made while in office, saying his business affairs were handled by his sons and that he was unaware of the cryptocurrency investments that netted him over $1 billion. "I've always made money," he said. "I'm a businessman, and a very good one. I made money, a substantial amount." He noted that others were responsible for investing his wealth, and he did not know who they were. "I let other people manage the money. I haven't even spoken to them—I don't even know who they are," he said. "My son Eric handles this stuff. I don't discuss this kind of thing with him." Trump's latest financial disclosure report shows he earned about $1.2 billion last year from various cryptocurrency holdings. He said he was not aware of these investments. "I don't know. But it's not illegal. I could have known," he said, adding that there is no legal requirement to "recuse yourself from every decision that might be related to you while running the country. That's just not realistic." (Jinshi)