Trump is not sure if he cashed his crypt

Donald Trump gave different answers whether he personally benefited from cryptocurrency token under his name earlier this year, according to Cointelgraph.

In an interview was broadcast 4. Maja on NBC News’ Meet the press With Kristen Velker, Trump asked about criticism that suggests to use the presidency for personal gain through Memecoin, which is connected to his name. He replied, “I’m not profiting from nothing,” and I added that he didn’t watch him.

When further pressed, Trump drew comparison according to the property, “If I have a stock in something and I do a good job, and the stock market is increasing, I guess the stock market exchanges.”

Token, appointed official Trump (Trump), launched 17. January and briefly rose to $ 73.43 for two days later. That tip came just before Trump swore on the function of 20. January. Since then, the value of the tokens has declined significantly, recent trading from $ 11.35, according to Coinger data.

Trump appeared unconscious recent token activities during the interview and has repeatedly asked what is valuable right now.

Records show that two entities are connected to Trump digital LLC and fighting the fight against LLC-control 80% of the total Token offer of a billion. Most of these tokens are locked and scheduled for gradual release in the next three years. 18. April 40 million tokens, during the value of about 454 million dollars, is released on the CIC digital.

Analysis by Financial times In March, he estimated that the project created at least 350 million dollars. This includes $ 314 million from the sale of tokens and another $ 36 million in related fees.

The participation of Trump in cryptocurrencies raised concerns about potential conflicts of interest, especially as he continues to call down a reduced regulation on the sector. Some lawmakers from their own party criticized the aspects of the token project, including a summons for top tokens that are scheduled for 22. May. Sentia Lummis and Lisa Murkovski Senators were among those who expressed concern.

During the interview, Trump mentioned that he planned to donate his presidential wage back to the government. When asked if he would do that with any profit from Cripto, he replied, “I never thought about it,” and questioned whether the property value increases and it should also be donated for his presidency.

Trump also used an interview to restart the attitude on the cryptocurrency. “I want a cripto. I think Crypto is important because if we don’t, China is going. And that’s new, it’s very hot, it’s very hot”. He criticized the Biden Administration for what he described as an inconsistent position on the issue.

When you talk to journalists later and on the same day on southern lawn, Trump reiterated that cryptocurrency is a priority and said he wanted to prevent China to get dominance in space. He similarly commented on artificial intelligence and other industries.

(Picture next to Pikabai)

See also: Cryptocurlency regulation entitled “Floor is Lava” How Trump is facing Requirements Bite over Memecoin

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