In 12 Months, Trump Made $2.2 Billion (About $1.4 Billion from Crypto). The 927-Page-Long Receipt Dropped Yesterday.
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On Tuesday the U.S. Office of Government Ethics released a 927-page financial disclosure for Donald Trump. For comparison, Barack Obama’s final disclosure ran 8 pages. Joe Biden’s ran 11. The size alone tells you something before you read a single line of it. See Trump’s disclosure.1
Here is what a sitting President made in his first year back in the Oval Office.
Let’s start with about $1.4 billion from his family’s cryptocurrency businesses. Add to that another $800 million in other business income from his vast holdings and he reported at least $2.2 billion to total income.
Starting with crypto, he made about $635 million in royalties tied to his own memecoin. That coin launched days before his inauguration. It hit roughly $74 on January 19, 2025. Today it trades near $1.68, down more than 95%. Of course, he cashed in at the top. The people who trusted his name held the bag all the way down.
Blockchain analysts at Chainalysis counted the wreckage. Around 2 million digital crypto wallets bought that coin. About 764,000 of them ended up underwater. 58 digital wallets made more than $10 million each and pulled out roughly $1.1 billion in profit. Read that ratio again. 58 insiders cleaned up. 764,000 got crushed. A Reuters investigation this month put total investor losses near $2.3 billion.
Now look at World Liberty Financial. He built this crypto company with his sons and his Middle East envoy Steve Witkoff. The envoy’s son runs it as CEO. The disclosure shows the President took in somewhere between $515 million and $588 million from its token and stablecoin sales, depending on which line you read. Add another $65 million from selling equity in the holding company behind it.
Follow who was buying. Days before the inauguration, an Abu Dhabi investment vehicle backed by the United Arab Emirates’ national security adviser bought 49% of World Liberty Financial for $500 million. Around $187 million of that flowed straight to entities controlled by the Trump family. Not long after, a firm tied to the UAE agreed to use the Trump stablecoin to move a $2 billion investment into a major crypto exchange. And then, the administration cleared a plan to export advanced AI chips to the UAE over national security objections. The timeline lines up on its own. You do not need me to draw the arrow.
Add the media money. He sued ABC, CBS, Meta, YouTube, and X. Every one of them paid. The disclosure lists more than $86 million in settlements. Most of it landed in the Donald J. Trump Presidential Library Foundation, a monument to himself. The $22 million from YouTube went to the Trust for the National Mall. Ethics experts did not soften it. One called it a massive ethical problem. Others called it extortion. A sitting President sued private companies in his personal capacity and steered their money toward his own name, and those same companies have business pending in front of his government right now.
The stock trades tell the same story from a different angle. On August 18, 2025, the disclosure shows three back-to-back purchases of the biggest names in technology, each valued between $5 million and $25 million. One of them was Nvidia. That Nvidia buy came exactly one week after he announced Nvidia and AMD would hand the U.S. government 15% of their chip sales to China in return for export approval. He made the announcement that moved the stock. Seven days later the filing shows him buying it.
After this post went live, I sat down with cryptocurrency and technology expert Molly White for a live conversation breaking it all down and answering questions from the community. You can watch the full recorded discussion here:
Molly also dropped a related post that you should read “Trump’s $1.4 billion crypto disclosure”
Now do me a quick favor. Step back and consider what you just read and watched. Consider the fact that there’s very little transparency. Also consider that Forbes now pegs Trump’s fortune near $6.3 billion. At the start of 2024 they pegged it near $2.4 billion. His wealth almost tripled. Crypto drove almost all of it. The real estate empire he built his entire brand on became a rounding error next to the coins.
This sits on top of the ordinary empire. More than $290 million classified as income from crypto wallets tied to World Liberty. $77 million in resort revenue from Mar-a-Lago alone. $10 million to the First Lady for licensing her image to a documentary about herself. Almost $5 million in royalties on Trump Watches. $208,000 on a Bible he sells from the podium. The gifts pile on next. More than $370,000 worth, most of it tickets to sporting events handed over by team owners and league bosses with matters in front of his administration. Gold bars valued between $500,000 dollars and $1 million sit on page 157. A $250 million-dollar statue of the convicted felon and civilly adjudicated sexual offender with his fist raised. The filing even notes he paid late fees for transactions he failed to report on time.
Let me be precise, because precision is my job. I am a trial lawyer. I know the difference between a headline and a case. Here is the legal reality, in plain English.
The Constitution’s Emoluments Clauses exist to stop this exact thing, a President taking payments from foreign governments and private parties who have business before him. Federal conflict-of-interest law exists to stop a public official from steering official decisions toward his own bank account. The machinery on display in this disclosure, the shell LLCs and the licensing fronts with names like Celebration Coins that no reporter could even find online, is built to blur the line between the man and the money.
Ethics experts across the political spectrum have named it. Self-dealing. Corruption. Whether a prosecutor ever charges it is a separate question from whether it is wrong. It is wrong. The document proves the scale in his own numbers.
Here is what you do with this.
You stop treating it as background noise. This is not a partisan slogan. This is a 927-page federal document with dollar figures printed on every section.
You share the numbers, not the anger. Anger fades by Friday. I mean come on- $635 million from a crypto coin that wiped out 764,000 families should leave a permanent mark on your brain.
You call your representative and you put one demand on the table. Show me the bill that stops a President from running a crypto business out of the White House. Anyone who cannot answer that has told you where they stand.
And you hold onto one number for the rest of this presidency. 58 crypto wallets won. 764,000 lost. That ratio is the entire financial story of this administration in two figures. A tiny circle at the top. Everyone else holding the bag they were handed.
They wrote it down. 927 pages of it. Now you know. Do something with it.
And two more things while we’re both here:
(1) vote in November and
(2) demand the release of the remaining Epstein files and the prosecution of all the men who were involved. Full stop.
Mitch Jackson, Esq.
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Appalling indeed! He is a criminal who should be prosecuted.
Thank you for this summary of a document that should appall every American (and everyone else as well). I’ll be so glad when this administration becomes a cautionary historical reminder of this unfortunate era of corruption in the USA.