Dan Alexander on Trump’s Financials: The Big Drivers of It Are Cryptocurrency

‘The token sales and the stake, add up to nearly $800 million’

RUSH TRANSCRIPT:
ALEXANDER: "Well, the big drivers of it are cryptocurrency. So there are two entities. The first is world liberty financial, which Trump launched right before the election. Nobody took much notice. Then he wins. Suddenly lots of people pour into it. He also goes on to sell a stake in that venture. And together, those two things, the token sales and the stake, add up to nearly $800 million. Then you have this meme coin, which you launch just three days before the inauguration. That’s over $600 million. So right there, those two crypto ventures, you’re at 1.4 of that total, 2.2. and then, of course, you had a big business beforehand that provides the rest of it."

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