Trump Says He Was Unaware of $1.2B Crypto Gains, Claims Sons Manage Investments

According to CNBC, during an interview on Thursday, U.S. President Trump said he was unaware of crypto investments that generated approximately $1.2 billion in gains for him, stating that his sons, particularly Eric, manage his business affairs.

Trump's latest financial disclosure showed he earned about $1.2 billion from various cryptocurrency holdings last year. He stated he does not know the details of these investments and said, "I let other people manage this money. I don't even know who they are." Trump added that he was not required to recuse himself from all decisions potentially related to his assets while managing the country.