New financial document shows that President Trump is an Ethereum whale | Headlines | News | CoinMarketCap
08/16/2023 16:48
New financial documents show that former U.S. President Donald Trump is an Ethereum (ETH) whale holding $2.8 million worth of the digital asset in a …
CryptoSlate11 minutes ago
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Published on August 16, 2023 09:36 GMT+00:00edited on August 16, 2023 09:39 GMT+00:00
New financial documents show that former U.S. President Donald Trump is an Ethereum (ETH) whale holding $2.8 million worth of the digital asset in a cryptocurrency wallet.
The new documents were obtained by Citizens for Responsibility and Ethics in Washington (CREW) and supersedes a previous filing from April that showed that the former President held between $250,001 and $500,000 in an Ethereum wallet. The CREW’s documents were filed this month.
The document did not provide additional information on other contents in the wallets.
However, the holding indicates a clear departure from Trump’s former anti-crypto posture. In the past, the former President said Bitcoin (BTC) and other cryptocurrencies were “based on thin air” and their value was “highly volatile.” He added:
“Unregulated …