Bittime - Former US President, Donald Trump, now has a crypto portfolio that exceeds $14 million (Rp. 224 billion). According to onchain tracking tool Arkham Intelligence, Trump's crypto portfolio includes a large number of meme coins, which were airdropped to him by various developers.
Trump has been convicted of 34 criminal charges related to falsifying business records. This marks the first time a former US president has been declared a criminal.
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Trump Crypto Portfolio IDR 224 Billion
Former US President and presidential candidate Donald Trump's crypto portfolio, tracked by Arkham Intelligence, has increased after he was found guilty of 34 counts of falsifying business records to influence the 2016 election.
Also read: Donald Trump Gets Support from the Crypto Community
Trump's total crypto holdings reached nearly $14.2 million (Rp. 227.2 billion), up from $10.1 million (Rp. 161.6 billion) reported earlier this week.
Trump's crypto portfolio also holds a number of meme coins, which were airdropped to him, as Arkham explained on social media platform X on Saturday. “Donald Trump is now in 8 figures in memecoins.
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These holdings were airdropped to him by the developers of various memecoin projects — he did not buy them himself.” The majority of his portfolio is in the meme coin MAGA (TRUMP).
Also read: Crypto News: Donald Trump Found Guilty, What Will Be the Fate of His Themed Coins?
The historic verdict against Trump marks the first time a former US president has been declared a criminal, dividing the nation. Following his criminal conviction, the Trump campaign announced on Friday evening that nearly $53 million (Rp. 848 billion) had been raised in 24 hours.
Additionally, the campaign recently started accepting crypto donations through Coinbase Commerce.
Initially a critic, Trump has acknowledged bitcoin's growing popularity and vowed to oppose President Joe Biden's anti-crypto agenda, advocating favorable regulation of the digital asset. He also promised to free Ross Ulbricht.
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Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump to be America's first crypto president, highlighting that bitcoin futures contracts were approved during his tenure. Since leaving office, Trump has launched three non-fungible token (NFT) collections.
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Also read:
Donald Trump Affirms the Future of Crypto and Bitcoin in the USA
Boost Trump Campaign (BTC), Minimalist Campaign to Support Trump
Donald Trump Supports Bitcoin, Bullish Signal?
Donald Trump Accepts Presidential Campaign Donation in Cryptocurrency
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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