Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

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Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

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A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet.

The statements shared on Aug. 14 by the nonprofit watchdog Citizens for Responsibility and Ethics in Washington show Trump made over $4.8 million from licensing fees tied to nonfungible token (NFT) collections using his image — with Trump netting around $7.6 million from his crypto-related ventures.

The $2.8 million in Trump’s Ethereum wallet is considerably larger than the $250,000 to $500,000 figure disclosed in Trump’s April 14 filing.

Trump is bidding to return to the White House in the upcoming 2024 election following his loss to current President Joe Biden in 2020.

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Trump’s latest financial report is overshadowed by the news of his indictment in Georgia on Aug. 14 on charges that he and his supporters conspired to interfere with the 2020 presidential election.

Related: Republican candidate wants to end President Biden’s war on Bitcoin if elected

The billionaire real estate tycoon has voiced his skepticism towards crypto in the past, suggesting cryptocurrencies “may be fake” and are a “disaster waiting to happen.”

He has also opposed Bitcoin (BTC) specifically, stating it “seems like a scam” and doesn’t like it “because it is another currency competing against the dollar.”

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