Trump insists his massive crypto gains 'have no problem'

CoinFeed July 3 news, according to Bloomberg, U.S. President Trump responded in a CNBC interview on Thursday to financial disclosures that his family's crypto business had gained at least $1.4 billion, saying 'nothing illegal, there's no problem,' and said he was not aware of the specifics of the crypto business. Trump said 'I could have known, but I don't,' and said his investments are managed by large institutions, and he doesn't even know who the managers are. In the interview, Trump said his goal is to ensure the U.S. maintains a leading position in the crypto field, saying 'Anything we do, I want to be first, we are number one in crypto.' Critics pointed out that Trump did not divest assets during his term and may have used the presidency for profit. The disclosure documents show that Nvidia, Microsoft, Netflix, and ExxonMobil are the most frequently traded stocks in his portfolio.