Discover Crypto, Bitcoin & Altcoin News artwork

Discover Crypto, Bitcoin & Altcoin News

Discover Crypto

July 4, 2026

Today, we cover the latest crypto news surrounding President Trump and growing allegations of crypto corruption—who's really profiting from the boom?
**SPEAKER_1** (0:00)
In the disclosure this week, the amount of money that you and the family made in crypto, it was an outsized number. I was just asking, did you, were you even know about the crypto venture? So that was just something that...

**SPEAKER_2** (0:12)
By the way, I could know about it.

**SPEAKER_1** (0:14)
I didn't.

**SPEAKER_2** (0:15)
I mean, there's nothing illegal, there's nothing wrong with it, I could know.

**SPEAKER_3** (0:21)
The most influential and polarizing man on the planet has officially changed crypto forever.
Sitting president, hardened people, jailed for creating transaction layers, rolled out his own DeFi crypto play with World Liberty Financial, made moves towards rolling out his own Bitcoin ETF, the most egregious of all and most controversial, rolled out a meme coin and watched his wife roll out a meme coin on Solana that basically sent the sole degens into a bear market similar to the seventh level of hell. But the real question here, was it worth it? Trump and his family didn't just ride the bull market wave. They printed a damn ocean. Financial disclosures have recently come out that show a very grim picture. They show the ongest of them all pulled in over $1.4 billion from crypto ventures alone in the last year. You heard that right. We're talking about $800 million just from World Liberty Financial Projects, $600 million plus from those Trump branded meme coins, and the rest stacking from governance tokens and licensing deals. Namely, most recently, his son's involvement with the Kazakhstan deal and their massive fortune gain from that recently. His supporters were out there buying the hype, diamond handing through the dumps and watching their bags evaporate while the tokens tanked post launch. The Trump meme coin looks like an absolute disaster. Classic playbook here. Unfortunately, this is the reality of the situation. The Trump family takes a fat cut. 75% of some deals, cash is out and retail bag holders are left to eat the volatility.

**SPEAKER_2** (1:51)
You know, the whole world, unfortunately, has become somewhat of a casino. And you look at what's going on all over the world, in Europe and every place they're doing these betting things, I was never much in favor of it.

**SPEAKER_3** (2:04)
We should have known this would eventually happen because the house always wins in a casino. This is a man speaking from deep experience. Now, crypto might just be another table at the casino for the Trump dynasty. He timed the release of his meme coin literally like a market veteran, became the casino and launched the token right at the literal top of Solana.
Now that the dust has settled, it appears that he has indeed simply extracted nine figures from bag holders while everyone else continued to chase the narrative. We could have had something absolutely beautiful if it wasn't for this woman, Melania Trump. I'm blaming Melania on this one, folks. Oh yes, she was supposed to be running something beautiful, right? Classy, elegant, the whole vibe. Instead, we're watching this beautiful idea of America at first, get turned into a high stakes casino, and Melania token rolled out literally a few days after Trump's and an absolute hellfire descended upon the altcoin sector thereafter. I was left watching this idea of make America great again and putting America first when it came to crypto, get turned into a high stakes casino floor.
The branding, the dual meme coin launch, the family office energy, it was slick, it was profitable, but damn if it doesn't feel like the empire traded the golden torch for leverage tokens and meme coin royalties. Melania, you were supposed to be keeping it tasteful. What happened to the elegance? Now this is just another rug adjacent to the Hoctua token disaster. And to be fair here, I'm not trying to simply hate. Actually, I respect the game, but I must pay attention to things like this. On top of everything I just listed, President Trump's investment accounts made 327 undisclosed stock purchases one day before he paused major tariffs. He's not just playing crypto like a fiddle. He is playing the entire market. And this is where I want to slow it down. Understanding what is clearly going to be a rug, even if it is the President of the United States or his lovely wife, you must understand tokenomics, distribution metrics and the value that's actually going to be flowing back into any token you get involved with. And this is why we are rolling out school. I am obsessed with taking care of this community as we are in a great position to start pontificating, dare I say, on altcoins or different crypto projects that look dead right now but aren't dead. They're simply pulled down with the rest of the bear market.

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