Donald Trump has disclosed $57 million in earnings from World Liberty Financial, a cryptocurrency platform he co-founded. This disclosure, filed with the U.S. Office of Government Ethics, reflects Trump’s direct foray into the crypto industry. Despite raising only $11 million through its WLFI token, the venture nonetheless generated substantial income for Trump and his sons (Donald Jr., Eric, and Barron) who are also involved in the project. This move marks a significant departure from Trump’s traditional business background in real estate. However, the earnings disclosure hasn’t triggered immediate market shifts or indicated any direct involvement of institutional players, like major cryptocurrency exchanges or funds, in the broader crypto markets (like Bitcoin or Ethereum). The lack of clear evidence raises concerns about regulatory transparency and potential scrutiny from Congress. This type of celebrity-backed venture has historically shown limited impact on market trends, though experts caution against drawing conclusions without more data to assess potential long-term effects. The financial disclosure also sparks discussion about the potential for increased regulation in the cryptocurrency space.