Trump invested crypto gains in stocks and bonds, filings show

July 13 : President Donald Trump’s financial disclosures show that even as he and his two eldest sons were encouraging investors to plow their money into crypto projects — which resulted in steep losses for retail buyers — his money managers were investing a significant portion of the proceeds into safer harbors. Trump received more than $1.4 billion last year from his family’s crypto projects, including World Liberty Financial and the Trump meme coin, his latest financial disclosures filed with the U.S. Office of Government Ethics show. A Reuters analysis of his holdings over the past two years shows that his portfolios of stocks and bonds increased at least fourfold as the crypto money flooded in. The president held between $703 million and $2.6 billion in such traditional financial inst