Former US President Donald Trump earned $100,001 to $1 million through NFTs, according to a filing on April 14.
According to the filingPresident Trump has served as “Director, President, Secretary and Treasurer” of CIC Digital LLC since March 2022. That company has granted NFT INT LLC a license to use his name, likeness, and image in his widely publicized “Trump Digital Trading Cards” NFT collection.
The recording further showed that President Trump made more than $5 million from speaking engagements. He also got just under $201 from Trump Media and Technology Group – the company behind Truth Social.
President Trump NFTs
The President Trump NFT is a collection of 45,000 digital art launched in December 2022. The collection captivated the community through its supposed association with the former president and sold out on the day of its launch.
Since then, the value of the pool has been affected by the media coverage surrounding Trump, reaching an all-time high of 0.675 ETH in February, according to Coingecko data. For context, the group’s turnover more than doubled prior to the former boss’s indictment in New York City.
cryptoslam data It showed that the group had a total trading volume of more than $19 million – an indication of the level of interest it had generated within the community.
Meanwhile, many controversies have been raised about the collection since its release. There have been accusations of insider trading of the rarest NFTs in the collection, along with reports of stolen art.
Who owns the group?
New York times linked NFTs for serial entrepreneur Bill Zanker who has worked with Trump before. According to the report, a large portion of the sales proceeds were pledged to Trump.
Additionally, the NFT INT LLC Wyoming address has been linked to shell companies in the past.
Meanwhile, the group administrator website It states that it is “not owned, operated, or controlled by Donald J. Trump, the Trump Organization, CIC Digital LLC, or any of its directors or affiliates.” The site also added that the NFTs are “not political and have nothing to do with any political campaign.”
Trump faces 34 criminal charges in New York of falsifying business records. He also faces numerous investigations over his actions during his presidency.
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