Trump, Earned 78.4 Billion Won as 'Cryptocurrency Czar'...Concerns of Conflict of Interest with Presidential Duties
President Trump Ignoring Conflict Of Interest Concerns (Source: WSJ)
It was revealed through official financial disclosure that United States President Donald Trump earned more than 57 million dollars (about 78.4 billion won) from cryptocurrency investments and related businesses. According to fiscal 2024 data, he had already generated massive profits in the cryptocurrency market before taking office, effectively reigning as the 'Crypto Czar.'
In particular, Trump earned about 57 million dollars (about 77 billion won) solely from dealings with cryptocurrency company World Liberty Financial, and additionally monetized 1.2 million dollars (about 1.6 billion won) through an NFT collection licensing agreement. His wife Melania Trump was also found to have actively participated in the cryptocurrency business by earning hundreds of thousands of dollars in digital token-related fees.
After his reelection in 2025, he issued a personal meme coin 'TRUMP' token, and it is assessed to have the potential to increase in value to billions of dollars in the future. Some experts analyze that the coin could attract institutional funds based on the Trump brand and political influence.
However, concerns are growing that such a profit structure could cause direct conflicts of interest with the performance of public duties as president. There are already reports that the White House recently requested the exclusion of Trump's conflict of interest clauses from the cryptocurrency regulatory law (CLARITY), amplifying the controversy.
Trump's net worth is currently estimated at at least 1.4 billion dollars (about 1.9 trillion won), and the cryptocurrency sector appears to be emerging as a new core source of revenue, surpassing his traditional business areas (hotels, real estate, golf courses, etc.).
Consequently, Trump is once again raising the question of whether he is a 'politician or businessman,' and the influence of his policy decisions after reelection on personal assets and the cryptocurrency market is also becoming a key variable in political circles and the market.