MAGA lays into Trump’s big money schemes: report

Sources close to the White House told RADAR Online in a Wednesday story that members of President Donald Trump’s stalwart followers are finally getting furious at all the money he keeps generating off the White House.

"People backed Trump because they believed he would fight for them and were hoodwinked into thinking he cared about the working classes who brought him into power,” said a longtime Republican activist familiar with grassroots sentiment among Trump's MAGA base. “Seeing billions tied to crypto makes some loyal supporters uncomfortable and most of them have no idea what crypto is, let alone have the resources to invest in it. They feel this isn't public service anymore."

RADAR reports Trump triggered fresh criticism after financial disclosures showed he earned more than $1.4 billion from cryptocurrency ventures during his first year back in the White House, on top of other profits Trump has managed to grab for himself and his family in the last few months. First Lady Melania Trump herself also earned at least $10.7 million due to her controversial and critically-maligned documentary, "Melania."

Another MAGA source speaking with RADAR Online added: "Many voters won't begrudge Trump's success, but these numbers are staggering. Critics inside the MAGA movement are calling it shameful and asking whether the presidency is becoming Trump's personal cash machine."

Trump has also earned $290 million from his businesses including $77 million from Mar-a-Lago and additional profits from Trump National Doral, Bedminster and Trump National Washington DC. He additionally pocketed $86 million from settlements with media and social media companies like ABC, CBS, Meta, YouTube and X.

“This isn't a cumulative number — it's in one year,” former Trump attorney Ty Cobb, who worked for Trump during his first term, told CNN’s Erin Burnett on Tuesday. Cobb was referring to Trump earning between $1 billion and $2 billion from his cryptocurrency ventures since assuming office for his second term in early 2025. “This is an industry he has actively promoted and supported, and — on policy, executive orders related to it — is it legal? I don't believe so, and certainly I don't think it was contemplated by the Founders when they created the Emoluments Clause.”

In April MS NOW News reporter Alex Tabet pointed out that people are investing in Trump’s cryptocurrency coin not because of its intrinsic value but because it grants them access to the president.

“Let me break down how this Mar-a-Lago crypto conference works,” Tabet wrote. “So, the top 297 holders of this Trump Coin — which buying, by the way, enriches the Trump family — gets you invited to the conference. The top 29 buyers of the coin get a special VIP reception with President Trump, complete with champagne.”

He added, “And if I were one of those 29 people, I'd be hoping it's a bottomless brunch because the value of the Trump Coin has been absolutely decimated. The coin is down more than 84 percent in the last year, down 96 percent from its peak. So, I wouldn't be surprised if some of those attendees today were using those champagne flutes to catch their tears.”

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