Financial disclosure forms given to the Office of Government Ethics disclosed that former president Donald Trump had over $2.8 million in cryptocurrencies stored in an Ethereum wallet.
According to documents, the cryptocurrency skeptic held almost $500,000 in an Ethereum wallet.
Trump also earned around $4.9 million in license fees from a group of non-fungible tokens (NFTs) launched by his campaign as part of his bid for the presidency in 2024 after losing to Joe Biden in 2020, according to the documents.
Despite having a significant cryptocurrency portfolio, Trump still has doubts about cryptocurrencies. He stated that he likes the US dollar and labeled cryptocurrencies a "scam" and a "very dangerous thing."
This opposes the opinions of some of his fellow Republicans who support cryptocurrencies, such as Florida Governor Ron DeSantis, and legislative measures supporting the cryptocurrency industry.