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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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  • First Solana staking ETF hits $12M in ‘healthy’ first trading day
  • Bitcoin aims for new highs as BTC futures activity highlights paradigm shift
  • BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund
  • Crypto billionaire bit off kidnapper’s finger during ambush: Report
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  • Ripple applies for US banking license, joining crypto rush for legitimacy
  • Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

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