A recent document from the Office of Government Ethics stated that former President Donald Trump held as much as $500,000 in ether.
Trump has despised cryptocurrencies in the past. During his tenure as President of the United States, he criticized "Bitcoin is like a scam," "Cryptocurrencies threaten the U.S. dollar," "Cryptocurrencies are a looming disaster," and the U.S. dollar is the real "world reserve currency." ”, but his opposition stance has undergone subtle changes recently.
Trump first launched the first series of NFTs in December last year, triggering a rush of buying in a short period of time. After getting an initial taste of success, he repeated the same trick in April this year and launched a second series of NFTs, which were sold within 5 hours of release. Empty. Some people believe that this may be his fundraising and campaign for the 2024 presidential election.
According to financial disclosure documents, Trump currently holds between $250,000 and $500,000 worth of ether in his Ethereum wallet and made between $500,000 and $1 million from the second NFT offering.
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