Trump Accused of Exploiting Crypto for Personal Gain

John Oliver, host of HBO's 'Last Week Tonight', recently targeted President Donald Trump for allegedly using cryptocurrency ventures to generate significant personal wealth while in office.

In a recent episode of his show, Oliver pointed out that Trump's family made around $1.4 billion from cryptocurrency, making it their largest business, surpassing real estate.

Oliver highlighted two major crypto ventures: the Trump meme coin and World Liberty Financial. He noted that most meme coins follow pump-and-dump schemes, spiking in value when first released and then crashing with insiders selling at the peak.

The host claimed that despite the decline in value of these coins, Trump earned $636 million from them.