- Former US President Donald Trump earned $4.9 million from NFT collections.
- He currently holds $2.8 million on an Ethereum wallet.
- Previously, the former president criticized cryptocurrencies and called them a “scam”.
Citizens for Responsibility and Ethics in Washington (CREW) has uncovered documents revealing information about Trump’s digital assets.
New CREW data confirms the former President of the United States has earned about $4.9 million in licensing fees from the NFT collection launched as part of his bid to return to the White House in 2024.
Now he has about $2.8 million in cryptocurrency in his account, which is stored on an Ethereum wallet.
Sales of NFTs skyrocketed in the months following their release in December 2022. A short-term increase was recorded after the first indictment in a New York state court.
According to an April OGE report, the project brought in up to $1 million for the policy.
However, the price of the collection subsequently dropped when the presidential candidate launched a second NFT collection.
In June, his wife Melania Trumps joined him with her project The 1776 Collection.
It is noteworthy that in an earlier Fox Business interview, the politician called digital assets “a scam and a very dangerous thing.”
Recently, the Office of Government Ethics released a report on the disclosure of Donald Trump’s finances.
The agency claimed that he holds up to $500,000 in cryptocurrencies in an Ethereum wallet.