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BTCC / BTCC Square / Global Cryptocurrency /
Donald Trump Denies Profiting From TRUMP Memecoin Amid $900K Fee Reports

Donald Trump Denies Profiting From TRUMP Memecoin Amid $900K Fee Reports

Author:
Global Cryptocurrency
Published:
2025-05-05 08:22:02
18
2

Former President Donald Trump has publicly denied allegations of financial gain from the TRUMP memecoin, a cryptocurrency launched under his name. Blockchain analytics firm Chainalysis reported that the token generated $900,000 in fees for its backers within 48 hours.

Two entities—CIC Digital LLC and Fight Fight Fight LLC, both linked to Trump’s NFT ventures—control 80% of the TRUMP token supply. In an interview with NBC News, Trump dismissed the claims, stating any financial benefits would be incidental. "I’m not profiting from anything," he said, comparing potential gains to stock market performance.

|Square

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