How Crypto Has Earned the Trump Family Billions

加密货币如何为特朗普家族赚取数十亿美元

WSJ What’s News

2025-08-13

11 分钟
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单集简介 ...

A.M. Edition for Aug 13. Their crypto-currency venture has generated more wealth since the election - some $4.5 billion - than any other part of the president’s business empire, as WSJ senior reporter Patricia Kowsmann explains. Plus, hundreds of National Guard troops begin patrolling Washington D.C. And WSJ reporter Vipal Monga explains how some Canadians are using alcohol as a new front in their country’s trade war with the U.S. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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单集文稿 ...

  • Hundreds of National Guard troops begin patrolling Washington, D.C.

  • Plus,

  • we look at the recipe behind the Trump family's cryptocurrency haul and how booze has become a new front in the U.S.-Canada trade war.

  • Eight of the country's 10 provinces have stopped buying U.S. alcohol,

  • which is really hurting many U.S. distillers who depend on Canada as their largest export market.

  • It's Wednesday, August 13th.

  • I'm Azhar Sukri for The Wall Street Journal.

  • Here is the AM edition of What's News,

  • the top headlines and business stories moving your world today.

  • The Trump family's crypto venture has generated more wealth since the election,

  • some $4.5 billion, than any other part of the president's business empire.

  • A major reason for the success is a partnership with trading platform PancakeSwap.

  • It's quietly administered by the world's largest crypto exchange,

  • Binance, whose founder is seeking a pardon from President Trump.

  • So write journal crypto reporters Angus Berwick and Patricia Kalsman.

  • Patricia, this sounds like a lot of money.

  • Tell us about this partnership.

  • Yeah, so BankingSwap is an online trading platform,

  • basically, where people can buy and sell cryptocurrencies.

  • And we have a company called World Liberty Financial,