Trump family earns over $1B from crypto ventures in past year

The family of U.S. President Donald Trump has earned over $1 billion from cryptocurrency ventures in the past year, the Financial Times (FT) reported. The family has been involved in various crypto-related businesses, including memecoins, stablecoins, trading cards, and DeFi platforms. These activities have generated significant revenue, including $427 million from the sale of TRUMP and MELANIA tokens, $550 million from the WLFI token, and $271 million from the USD1 stablecoin. Furthermore, Trump Media & Technology Group (TMTG), the president's family media company, has shifted its focus to cryptocurrency this year. The company launched a Bitcoin fund that has reportedly secured over $300 million in cash.