Trump Media & Technology Group (TMTG), which operates Truth Social, is a cornerstone of Trump's tech portfolio. Even though the site has underperformed by any measure (it has just 355,000 daily active users compared to Twitter/X's 245 million), the company's valuation has made Trump's stake worth approximately $2.3 billion.
Business performance no longer drives investment; MAGA political support does.
Even more troubling is Trump's deep involvement in cryptocurrency. World Liberty Financial, a crypto project co-founded by Trump and his sons, has raised over $550 million selling its WLFI token.
Trump-affiliated entities own 22.5 billion tokens and earn 75% of the revenue from sales. The company just announced plans to launch USD1, a dollar-pegged stablecoin that will be backed by U.S. Treasuries and cash equivalents.
It doesn’t end there. The $TRUMP memecoin, which he launched before his inauguration, is probably the most brazen example of these new risks.
Trump-affiliated entities control 80% of the total supply. Senator Elizabeth Warren noted that, "anyone, including the leaders of hostile nations, can covertly buy these coins, raising the specter of uninhibited and untraceable foreign influence."
The cryptocurrency space remains largely unregulated, creating a perfect environment for potential conflicts of interest. Trump's Executive Order making stablecoins a cornerstone of his crypto agenda directly benefits his own ventures.
When the announcement of a U.S. Strategic Bitcoin reserve caused values to surge and then plummet, certain insiders made money hand over fist by magically “guessing” this would happen.
Corruption galore.
Trump's net worth has grown substantially since his first term, from approximately $3.7 billion to $4.8 billion according to Bloomberg estimates — not including his crypto holdings, which Fortune estimates at an additional $2.9 billion.
The Dekleptocracy Project is tracking these complex financial schemes and connecting the dots. Our research helps journalists uncover the full story, gives lawmakers the evidence they need to act, and ensures the public knows exactly who's profiting.
People often ask why nobody is doing anything about the corruption happening in America. The Dekleptocracy Project is taking action — with your help!
Our upcoming Research Hub will allow us to support journalists doing hard-hitting investigations into corruption — but we need your support to make it happen. Your Monthly or one-time contribution of any amount can make a world of difference in helping shut this sort of thing down.
Whether it's suspicious crypto trades happening in plain sight or hidden financial schemes, we're building the tools to catch them all.
Thank you for standing with us in this critical fight.
Kristofer Harrison
President, Dekleptocracy Project
