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Trump's Crypto Scams Boost Net Worth to $7.3 Billion

9/24/2025

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Summary

Story summary

Trump engaged in cryptocurrency activity described as scams, including a meme-coin rug pull at inauguration.
He launched a questionable stablecoin to attract large payments from foreign government-linked sources.
The GENIUS Act, signed by Trump, is criticized as deregulation enabling unstable stablecoins.
Forbes says Trump earned about $3 billion from crypto this year, lifting his net worth to about $7.3 billion.

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Story summary

Trump engaged in cryptocurrency activity described as scams, including a meme-coin rug pull at inauguration.
He launched a questionable stablecoin to attract large payments from foreign government-linked sources.
The GENIUS Act, signed by Trump, is criticized as deregulation enabling unstable stablecoins.
Forbes says Trump earned about $3 billion from crypto this year, lifting his net worth to about $7.3 billion.