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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
  • $330K Bitcoin block win: How one solo miner outsmarted the odds
  • Korean biotech firm bought by Parataxis for Bitcoin treasury use
  • The SEC’s staking guidance pivot is what tech-savvy regulation looks like
  • South Korean young people turning to crypto out of desperation
  • Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no
  • Solana DEX Jupiter suspends DAO voting until 2026 to focus on DeFi growth
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