I'm a big crypto. I've become a big crypto guy. I wasn't initially. I didn't know much about it,

but for some of my first term, I wasn't really, I wasn't much involved, but I'd watch.

And I watched it grow, and it's a huge industry. And I got involved in a little bit for politics,

you know, because I realized there are a lot of people love crypto. And even got involved in a little bit for politics, you know, because I realized there

a lot of people love crypto. And even me as a businessman, I'd see a lot of money starting to come

in with Bitcoin and, you know, the different forms. And I said, this thing's got a lot of life.

Hi, again, everyone. It's 5 o'clock in New York. I'm Antonia Hilton in for my friend Nicole Wallace

today. Once upon a time, you know, presidents would try very hard to avoid any conflicts of interest while in office, or even just the appearance of one.

Which is why Donald Trump's foray into cryptocurrency during his second term is so unnerving.

Trump only recently got interested in crypto, thanks to his sons, and yet he has already been a into cryptocurrency during his second term is so unnerving.

Trump only recently got interested in crypto, thanks to his sons, and yet he has already made a staggering amount of money from it.

The New York Times details a stunning new report that shows how Trump has profited mightily

from the digital currency, all while his supporters have lost big time from that new report. Nearly one million

people who bought President Trump's meme coin have lost money through the end of June, according to a

report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.

The analytics firm's assessment was calculated this week after Mr. Trump signed an annual

financial disclosure showing that he walked away with a $636 million payout on the same

crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.

The Times writes how this was a fail-safe investment for Trump

that essentially took advantage of those who bought his coin.

The odds were always in his favor.

Mr. Trump profited whether the price of his meme coin went up or down.

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