Former President Trump addressed concerns over his family's crypto business profits, which reportedly reached at least $1.4 billion, during a CNBC interview. Trump asserted that there was "nothing illegal" about the gains and expressed uncertainty about the specifics of his crypto dealings, noting that his investments are managed by large institutions. He emphasized his commitment to maintaining U.S. leadership in the crypto sector, stating, "Whatever we do, I want to be number one, and we are number one in crypto."
Critics have raised questions about Trump's financial disclosures, pointing out that he did not divest his assets while in office, potentially leveraging his presidency for personal benefit. The disclosure documents also revealed that Nvidia, Microsoft, Netflix, and ExxonMobil are among the most frequently traded stocks in his portfolio.
Trump Defends $1.4 Billion Crypto Profits Amid Scrutiny
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