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Ex-Lawyer Calls Trump’s $500M Crypto Earnings Emoluments Violation

7/2/2026

Summary

Story summary

Ty Cobb (former Hogan Lovells partner) called President Donald Trump’s crypto earnings a “slimy industry” and said they likely breach the Constitution’s emoluments clause.
He cited filings showing Trump earned over $500 million from World Liberty Financial, over $635 million in CIC Digital LLC royalties in 2025, and cited $1.8 billion Anti-Weaponization Fund attempt as graft evidence.
He contrasted Trump’s billions with Hunter Biden’s alleged millions and noted Congress and authorities have not intervened.

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Story summary

Ty Cobb (former Hogan Lovells partner) called President Donald Trump’s crypto earnings a “slimy industry” and said they likely breach the Constitution’s emoluments clause.
He cited filings showing Trump earned over $500 million from World Liberty Financial, over $635 million in CIC Digital LLC royalties in 2025, and cited $1.8 billion Anti-Weaponization Fund attempt as graft evidence.
He contrasted Trump’s billions with Hunter Biden’s alleged millions and noted Congress and authorities have not intervened.