Donald Trump Possesses Ethereum Valued Between $250,000 and $500,000

Donald Trump’s most recent public financial disclosure indicates that he possesses Ethereum (ETH) valued between $250,000 and $500,000.

The 2023 OGE financial disclosure documents released recently included an entry labeled as a “Cryptocurrency Wallet (Ethereum),” with the former President estimating its worth to be between $250,000 and $500,000.

• The assets in the crypto wallet are likely associated with the sale of non-fungible tokens (NFTs) he introduced in December 2022 following his departure from the White House.
• The limited edition NFT collection sold out within a single day and consisted of 44,000 digital trading cards depicting the former President in various outfits and poses.
• Reports indicate that Trump’s NFT venture generated over $8.9 million in sales, resulting in approximately $298,000 in licensing fees. The crypto wallet that received these earnings is managed by the same Trump entity, CIC Digital, which collected these licensing fees.
• Former first lady Melania Trump also briefly engaged in NFTs, transforming several well-known images from NASA’s Apollo moon landings into digital items that sold for $75 each. However, NASA criticized this initiative, asserting that it breached the agency’s merchandising regulations.
• It is noteworthy that Trump now possesses cryptocurrency, given his previous skepticism. In 2019, he expressed that he was “not a fan” of Bitcoin (BTC), labeling it as “not money” and claiming its value was “based on thin air.”
• In 2021, during the peak of his re-election campaign, Trump reaffirmed his views on cryptocurrency, referring to the asset class as “fake.”

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