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Prof G Markets · Saturday, October 31, 2026

Allegations of Presidential Profiteering from Crypto and Insider Stock Trades

Ed Elson alleges that President Trump personally profited $1.4 billion from crypto projects while supporters lost $2 billion, and engaged in suspicious stock trades totaling up to $1.5 billion.

personEd ElsonpersonDonald Trump

The tape

2 quotes
“Last year, Trump personally profited $1.4 billion from his crypto projects. from the pockets of his supporters, who lost roughly $2 billion buying Trump coin.”
Ed Elson
“Trump also traded as much as $1.5 billion in stocks. Given the unusually good timing of some of these transactions, it's highly likely that he and his associates were making bets based on insider information.”
Ed Elson
Heard on Prof G Markets — “The Democrats Will Sweep The Midterms — Here’s Why”, published Saturday, October 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via deepinfra · $0.00
Allegations of Presidential Profiteering from Crypto and Insider Stock Trades — Heardvine