Trump defends $1.2 billion crypto earnings, denies conflict of interest

U.S. President Donald Trump defended the roughly $1.2 billion his family earned from cryptocurrency ventures, asserting that “everybody’s profiting” and denying that he is exploiting his office for personal gain. The remarks were made as Trump prepared to board the first flight of a newly delivered Air Force One aircraft, a gift from Qatar, marking the aircraft’s inaugural use under his administration. In a related report, France 24 correspondent Angela Diffley outlined the sources of the Trump family’s earnings over the past year, noting that the bulk of the revenue stemmed from cryptocurrency investments and related business activities.

The president’s statements come amid heightened scrutiny of the intersection between political authority and private financial interests. While Trump emphasized the legality and broad participation in the crypto market, critics have called for greater transparency regarding potential conflicts of interest. The upcoming flight on the Qatar‑donated plane underscores the administration’s diplomatic engagements, even as questions about the financial disclosures of the president’s family persist.