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Donald Trump gives conflicting answers over memecoin profits

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

Donald Trump said in an interview that he’s “not profiting from anything” related to his crypto memecoin, but quickly admitted that he hasn’t checked if he made a profit.

US President Donald Trump gave clashing answers to whether he has profited from the crypto memecoin he launched in January, just days before he re-entered the White House.

In a wide-ranging interview with Kristen Welker on NBC News’ Meet the Press released on May 4, Trump said he was “not profiting from anything” when asked to respond to critics who said he’s profiting from the presidency through the memecoin.

“So you’re not profiting off of the cryptocurrency at all?” Welker asked Trump.

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Recent Posts
  • Chinese printer maker spread Bitcoin stealing malware — Report
  • Father-son team lists Africa’s XRP Healthcare on Canadian stock exchange
  • Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims
  • Franklin taps blockchain to offer yield on idle payroll funds
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  • Strategy buys 7,390 BTC for $765M, gets hit with class-action lawsuit
  • US crypto funds top $7.5B inflows in 2025 as investor appetite grows

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