Former US President Donald Trump Holds Around $500K Of ETH

Former United States President Donald Trump’s latest public financial disclosure has revealed that he owns around $250,000 to $500,000 worth of Ethereum (ETH).

Trump had recently launched an exclusive non-fungible token (NFT) collection after leaving the White House in 2022.

Trump Holds Considerable ETH

The financial disclosure was filed with the Office of Government Ethics and outlined Trump’s various assets and sources of income. Eagle-eyed observers noticed a section that mentioned a “cryptocurrency wallet Ethereum” on the second to last entry on the 82-page form. According to the information in the financial disclosure, the wallet held an estimated $250,000 to $500,000 worth of ETH. It is believed that the contents of the cryptocurrency wallet are linked with the NFT collection launched by Trump in December 2022.

The Trump NFTs

The former president launched his NFT collection in December 2022 after weeks of speculation regarding his “special announcement.” Many believed the announcement would be naming a running mate for his presidential campaign. However, Mr. Trump announced the launch of his exclusive NFT collection instead. The collection features the former president in several avatars, including a Nascar driver and an astronaut. At the time of the launch, Mr Trump had stated,

“These limited edition cards feature amazing ART of my Life & Career. It would make a great Christmas gift. Don’t Wait. They will be gone; I believe, very quickly!”

He had also posted a clip that featured an animated version of himself standing in front of the Trump Tower, with lasers shooting out of his eyes. The NFT collection was described as similar to baseball cards but far more exciting and priced at $99 each. Buyers of the collection will also be able to enter a sweepstake and have a chance at winning a gala dinner or a game of golf with Mr. Trump. However, the move was roundly criticized on social media, with several high-profile Republicans speaking out.

Following her husband’s footsteps, the former first lady also launched an NFT collection only a couple of months after the former president’s NFT collection. Each NFT in the Melania Trump collection is priced at $50. The collection consisted of s

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Author: Amara Khatri

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