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Report: Donald Trump holds up to $500,000 in cryptocurrency

According to a report released by the U.S. Office of Government Ethics (OGE), former United States President Donald Trump holds between $250,000 and $500,000 in cryptocurrency.

Specifically, the document mentions an “Etherium cryptocurrency wallet” that may be linked to Donald Trump’s NFT collection. The collection was released after he stepped down as head of state. 

A few hundred thousand dollars is not a very impressive sum for Trump, whose fortune is estimated at $2.5 billion. But the businessman says he is not excited about cryptocurrencies.

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“I am not in favor of bitcoins and other cryptocurrencies that are not money and whose value is extremely volatile and air-dependent,” he tweeted in April 2019. 

Recall that according to a report by the U.S. Office of Government Ethics (CREW), Trump may have earned up to $1 million from the sale of his collection of non-fungible tokens (NFTs).

Earlier it was reported that after the arrest of the former US president, sales of NFTs from his collection soared by 450%, and after his indictment, the figure rose even higher – by 500%.