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The Independent UK
The Independent UK
National
Josh Marcus

Trump claims he did not know about crypto earnings

  • President Donald Trump 's financial disclosures revealed he earned over $1 billion from his family’s crypto businesses last year.
  • Trump defended his ethics record, stating to CNBC he has been uninvolved with his businesses, including the crypto firm, since taking office.
  • He claimed he was unaware of the specific earnings, asserting there was “nothing illegal” about the situation.
  • Democratic lawmakers accused Trump of misleading donors for the 250th anniversary, directing funds to an administration-backed group over the congressionally-backed effort.
  • Trump maintains his businesses have been managed by a trust controlled by his children without his involvement since returning to office.

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