Donald Trump’s Crypto Investments Could Help Pay Back His $450M In Damages
Former President Donald Trump is facing a hefty $450 million in damages that he has been ordered to pay for fraud charges and profits on the sale of various assets. With the penalties accumulating interest at a rate of 9% per year, Trump’s liabilities have skyrocketed from an initial $355 million to the current staggering amount.
The fines are growing at a rate of $2.6 million per month, putting Trump at risk of having his assets seized by the court. Given the costly presidential campaign and intense financial scrutiny, many are questioning whether Trump will be able to repay the fine at all.
However, Trump’s crypto investments could potentially come to his rescue. While his holdings are relatively small compared to the amount owed, the potential price appreciation of his cryptocurrency portfolio could help him pay off the penalties.
Arkham Intelligence recently discovered Trump’s crypto wallet, which contains several million dollars in cryptocurrency, primarily in Ethereum (ETH), Wrapped Ethereum (WETH), and MAGA Coin (TRUMP). Trump received royalties exceeding 1,700 ETH from the Trump Digital Trading Cards NFT project, and he sold 1,075 of these tokens in December for $2.4 million.
With roughly 700 ETH remaining, Trump’s holdings could be worth as much as $7 million by the end of 2025, based on a price prediction of $10,000. Additionally, the MAGA Coin he received has appreciated to over $3 million and could potentially reach a market cap of $3 billion, making Trump’s position worth over $40 million.
While these scenarios are speculative and unlikely to materialize in the near future, Trump’s crypto dealings offer a glimmer of hope in his financial predicament. As his portfolio is public, anyone can monitor his positions and track how much he has in crypto.
In conclusion, Trump’s crypto investments could play a crucial role in helping him pay back his $450 million in damages, offering a potential lifeline in his current financial crisis.
