Trump says 'nothing illegal' about massive crypto profits
Administration News — 2026-07-02 17:32:00 — thehill.com
Trump Denies Wrongdoing Over Cryptocurrency Profits in Financial Disclosure
President Trump on Thursday rejected any suggestion of illegality regarding the substantial profits from cryptocurrency reported in his recently released financial disclosure forms. In an interview with CNBC, Trump stated, “I could know about it. I didn’t. There’s nothing illegal. There’s nothing wrong with it I could know.”
Trump’s Response to Cryptocurrency Profits
The president’s comments came after his financial disclosure forms revealed significant gains from cryptocurrency holdings. Trump denied any wrongdoing, insisting there was nothing improper about the profits and emphasizing his claimed lack of direct knowledge about the transactions.
Fact-Checked Claims and Public Scrutiny
Trump’s assertion that “there’s nothing illegal” and that he “didn’t” know about the profits is a direct response to scrutiny over the transparency and legality of his financial dealings. The president’s statements are part of a broader pattern of dismissing concerns about his personal finances, often downplaying or outright denying allegations of impropriety.
Conclusion
President Trump’s denial of any illegal activity related to his cryptocurrency profits highlights ongoing questions about the accuracy and transparency of his financial disclosures. As public attention remains focused on the details of his personal finances, Trump continues to assert that his actions were above board, leaving the public and watchdogs to weigh his statements against the facts presented in his own filings.
Source: https://thehill.com/homenews/administration/5952294-trump-crypto-profits/