The president of the United States, Donald Trump, gave conflict answers to whether he has benefited from the cryptographic he launched in January, a few days before the White House.
In an extensive interview with Kristen Welker at the NBC News meeting, the press published on May 4, Trump said that “it was not benefiting from anything” when critics were asked that they said they are benefiting from the presidency through the Memecoin.
“So you are not benefiting from cryptocurrency?” Welker asked Trump.
“I make port,” Trump admitted.
“But I will tell you what. Look, if I have actions in something and do a good job, and the stock market increases, I guess I’m benefiting.”
Trump launched his memecoin, Trump officer (Trump), on January 17, which reached a peak or $ 73.43 two days later, only one day before he was inaugurated as president on January 20, according to Coingecko.
The Token has bones in a constant sproter launch, but increased at the end of the month after its website sacrificed the best holes the opportunity to dinner with Trump on May 22. It is currently traded at $ 11.35, almost 85% since its peak.
Apparently, Trump did not know the recently increased of his file, repeatedly asking how much hemth was now.
Two companies, CIC Digital LLC, an affiliate from the Sprowling Trump organization of Trump, and Fight Fight Fight LLC, which is co -owned by CIC Digital, together 80% of the total of one billion supply of one billion.
Most of those tokens are locked up and will be launched in the next three years. The first unlock on April 18 saw 40 million tokens, with a value of $ 454 million, go to CIC Digital.
Trump’s Memecoin project has won at least $ 350 million so far, according to a March analysis by Financial Times, which found that people behind the Token earned $ 314 million when selling and $ 36 million from the rates.
Trump has been criticized for his many cryptographic treatment, which opponents say they are a conflict of interest, since it seeks to download the regulators sector.
Even those in their own party, Republican senators Cynthia Lummis and Lisa Murkowski have criticized the sacrifice of Trump’s dinner to their main owners.
Trump said during the interview that he would contribute to his presidential salary “Back to the Government”, which caused whose also contribute to possible cryptographic profits.
“I never thought about that,” Trump replied. “I mean, should I contribute to all my real estate that I have had for many years if I go up a bit because I am president and do a good job? I don’t think so.”
Trump reiterates cryptographic commitment
In a part of the interview, Trump made a winding statement that reiterated his campaign promise to support Crypto.
“I want crypto. I think that important crypts do not do it, China is going to do it. And it’s new, it’s very popular, it’s very hot,” he said.
https://www.youtube.com/watch?v=sumyysrjvzm
Trump said that former President Joe Biden “stopped him violently, and then, before the elections, he changed his tone completely” to obtain the cryptographic vote. Biden did not run against Trump in the last elections, but delivered the cane to the then vice president Kamala Harris.
Related: Trump’s first 100 days of sausage in history ‘despite cryptographic promises
The president again made his point when he spoke with journalists on the grass of the south of the White House on May 4.
Jennifer Jacobs of CBS News reported that Trump said that “cryptography is very important” and wanted to “keep it away from China.”
He affirmed that China “will take care, as well as AI, like many other industries, or whatever they want to call them.”
Magazine: Trump cryptocurrencies increase the conflict of interest, privileged information questions
