
Donald Trump Jr. downplayed his father's financial ties to the family's cryptocurrency company, claiming that President Donald Trump "doesn't touch" the $57.7 million in reported earnings.
NEWS NATION: Your dad's financial disclosure says he had $57.7 million in income from your crypto company. So he does benefit financially.
— Aaron Rupar (@atrupar) June 16, 2025
DON JR: But he doesn't touch it. That's all walled off. He doesn't get involved in that. pic.twitter.com/vy2wH4jEBz
In an interview with NewsNation, Trump Jr. claimed the income his father receives from World Liberty Financial, is "walled off" in a trust.
"He has ownership but he doesn't touch it," Trump Jr. said "Eric and I are the signatories on that. We manage the trust. We don't talk to him about it, he doesn't get involved in that."
Social media users were dubious.
"'I benefit from it, but I don't touch it.' Ironclad," one user posted sarcastically. Another wrote: "Corruption is okay if you do it out in the open and don't spend the money."
It doesn't matter if he touches it or not. He benefitted from it. He made himself and his rich friends richer.
— Steven Money (@s_a_money) June 16, 2025
Critics noted that whether or not Trump "touches" the money, he still stands to benefit personally from the company's success—especially as he continues to advocate for pro-crypto policies as president.
Touching has nothing to do with profiting.
— Lucy 🟦🟧 (@boohoo2259) June 16, 2025
"If dinners with investors aren't 'getting involved,' what is?" wrote one user, referencing a recent private gala Trump held for his top memecoin investors. "He's still selling access based on investment."
"Yeah, he gave me money.... but I didn't spend any of it! So it's not corruption!"
— David Hensley (@DavidHensleyZQ) June 16, 2025
While Trump Jr. emphasized the administration's broader theme of "democratizing finance" and claimed unfair treatment of conservative Americans by financial institutions, ethics experts say the president's substantial undisclosed stake in a volatile, underregulated industry raises serious concerns about conflicts of interest—regardless of who signs the checks.
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