Trump's Crypto Empire Under Fire from Last Week Tonight

HBO host John Oliver devoted an episode of Last Week Tonight to Donald Trump's growing presence in digital assets, arguing that it has blurred the line between politics and private profit.

The president's crypto ventures have become the biggest source of wealth for the family, overtaking its traditional real estate and hotel businesses. According to Oliver, Trump earned more than $2.2 billion during his first year back in the White House, with nearly $1.4 billion reportedly coming from crypto-related businesses.

Oliver also criticized the Trump family's meme coin projects, comparing them to classic 'pump-and-dump' schemes. The Trump meme coin briefly reached a market valuation of nearly $50 billion before crashing by about 92%, with Trump personally making around $636 million from the project.