{"id":757,"date":"2026-07-06T17:48:59","date_gmt":"2026-07-06T17:48:59","guid":{"rendered":"https:\/\/longhaulmovingpros.com\/?p=757"},"modified":"2026-07-06T17:48:59","modified_gmt":"2026-07-06T17:48:59","slug":"fox-news-struggles-to-defend-trump-crypto-grift-so-hell-just-have-to-do-it-himself","status":"publish","type":"post","link":"https:\/\/longhaulmovingpros.com\/?p=757","title":{"rendered":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself"},"content":{"rendered":"
\n

Donald Trump tried to defend the money he\u2019s made from crypto while taking questions in the Oval Office on Monday. The president has raked in over $1 billion from cryptocurrency ventures, according to his latest financial disclosure documents, made public last week. And even MAGA-friendly news outlets like the Wall Street Journal and Fox News are having a difficult time spinning that as a good thing.<\/p>\n

Read more Can We Not Normalize $5,300 Handheld Gaming PCs?<\/a><\/p>\n

President Trump made more than $2.2 billion in 2025, according to his financial disclosure forms,\u00a0$1.4 billion of which came from his two biggest crypto ventures. The president launched a memecoin shortly before he took office in January 2025 called $TRUMP and owns a considerable stake in the crypto company co-founded by his sons, World Liberty Financial.<\/p>\n

Trump recounted Monday how, in his view, former President Joe Biden was \u201ckilling\u201d crypto with \u201cweaponization.\u201d In reality, the Department of Justice and SEC were going after crypto-related fraud, including FTX co-founder Sam Bankman-Fried, who\u2019s now in prison. Trump acknowledged that he used to be a crypto skeptic, but insisted his mind was changed because he didn\u2019t want China to become dominant in crypto.<\/p>\n

\n<\/div>\n

\u201cWhat he was doing to the crypto, they were putting people in jail,\u201d said Trump of the Biden administration. \u201cGood people, great, prestigious people. They were putting them in jail. And I said, \u2018you\u2019re going to be kidding.\u2019 And they were trying to destroy the industry.\u201d<\/p>\n

\n<\/div>\n

The president went on to claim Biden became pro-crypto shortly before the 2024 election in order to gain favor with voters who cared about that issue, ignoring the fact that Biden wasn\u2019t the one running on the Democratic ticket in the final months of the 2024 cycle. After rambling for a while about Biden, Trump volunteered that his sons are running his crypto businesses and suggested that he\u2019s legally allowed to discuss those deals with them.<\/p>\n

\u201cSo yeah, I\u2019m very much for crypto because\u2026 I don\u2019t\u2026\u201d said Trump haltingly. \u201cIt\u2019s not a question of a personal thing. Because I let my kids do whatever the hell they do.\u201d<\/p>\n

\n<\/div>\n

Trump picked up the idea after stammering for a bit, insisting, \u201cI don\u2019t talk to them\u2026 ever<\/em> talk to them about it. I\u2019m allowed to, I think. I\u2019m allowed to, but I don\u2019t bother because this is a much higher\u2026 this office is a much higher calling.\u201d<\/p>\n

Trump then went on to note that he \u201cwaives\u201d his salary as President, which amounts to $400,000 a year. The president\u2019s defensiveness comes in an environment where even his most loyal defenders are becoming uneasy about the billions he\u2019s making while in office, something without precedent in the White House.<\/p>\n

The Wall Street Journal Editorial Board wrote about Trump\u2019s crypto dealings last week after the financial disclosure documents were released, and referred to his dealings as \u201chonest graft.\u201d The editorial referenced the \u201cdubious deals with foreign actors\u201d made by World Liberty Financial, and with its cryptocurrency. The Journal also noted that Trump\u2019s sons, Eric and Donald Jr., have invested in a company that will profit from a minerals deal with Kazakhstan, a country where the U.S. government invested $1.6 billion in public funds for a tungsten mine.<\/p>\n

\n<\/div>\n

\u201cAssuming all of this is legal, it\u2019s still an unseemly display of using the Presidency for family profit,\u201d the Wall Street Journal wrote. \u201cIt\u2019s hard to believe the Trump boys would be able to do the same deals if Dad wasn\u2019t in the Oval Office. The main difference between Hunter Biden\u2019s foreign dealings and the Trump projects is that the Trumps are brazenly open about theirs.\u201d<\/p>\n

Read more Razer Soma Chroma Chair Review: An Awkward Beginning to \u2018Immersive\u2019 Furniture<\/a><\/p>\n

Fox News aired a segment on Friday discussing the Journal editorial and Democratic criticism of Trump\u2019s deals with the chyron \u201cBiggest Grift of All Times.\u201d<\/p>\n

\n<\/div>\n
\n

Holy shit.<\/p>\n

This is Fox reporting on the \u201cTrump family: biggest grift of all time.\u201d<\/p>\n

For once, they accidentally wandered into the truth. pic.twitter.com\/bAUNfupKNB<\/p>\n

\u2014 Christopher Webb (@cwebbonline) July 3, 2026<\/p>\n<\/blockquote>\n

It\u2019s rare for Fox News to air critiques of Trump, but if the president was at all disappointed by this short segment, he didn\u2019t have to wait very long for Fox to come back around to his side. The entire weekend was filled with glowing coverage of the man, particularly when his Independence Day speech was delayed. Fox\u2019s biggest anchors were stuck killing time for hours just regurgitating the most nauseating, pointless praise of the president.<\/p>\n

Trump makes incredible sums of money from businesses like crypto, but you can\u2019t forget about the money that\u2019s being lost on the other end. Because in the world of fake money, it\u2019s all about who\u2019s left holding the bag. People who purchased Trump\u2019s memecoin lost $3.8 billion, according to a tally from the New York Times. Trump reportedly made $800 million on that venture alone.<\/p>\n

Trump addressed several other questions on Monday, and his responses were filled with the kind of malapropisms that in a previous era would\u2019ve defined his entire presidency. Remember when Vice President Dan Quayle misspelled potato? Today, flubs like that are so common from Trump that they\u2019re not even newsworthy. For example, in defending his 180\u00b0 turn on TikTok (Trump previously wanted to ban the video platform before he orchestrated a sale of the U.S. business to Americans), the president bragged about how it helped him win the 2024 election. In the process, he called it \u201cTic Tac.\u201d<\/p>\n

\n<\/div>\n
\n

Trump: “You know who the number one person on Tic Tac is by far? Trump. Me. Taylor Swift was number 11.” pic.twitter.com\/BriJNk4QeL<\/p>\n

\u2014 Aaron Rupar (@atrupar) July 6, 2026<\/p>\n<\/blockquote>\n

The president may not get much attention these days for his frequent verbal slips, but the financial markets are certainly paying attention to the way his words can influence stock prices. Trump talked about Dell on Monday because founder and CEO Michael Dell was donating money to so-called Trump Accounts, new tax advantage investment accounts for babies.<\/p>\n

\u201cGo out and buy a Dell computer. He\u2019s not doing it for that,\u201d Trump said of Michael Dell, suggesting the founder wasn\u2019t interested in benefiting financially from the PR stunt, \u201cbut I bet his business has gotten even bigger.\u201d<\/p>\n

\n

Trump: Go out and buy a Dell computer. I have a son that loves their\u2026 that loves their laptop. We’re gonna get him that money back one way or the other. pic.twitter.com\/3uKFfElXbw<\/p>\n

\u2014 Headquarters (@HQNewsNow) July 6, 2026<\/p>\n<\/blockquote>\n

According to a recent government ethics filing, Trump bought somewhere between $1 million and $5 million worth of Dell stock back in February. In May, the company won\u00a0a $9.7 billion Pentagon contract. On Monday, Dell\u2019s stock popped 8% immediately after Trump told everyone to go buy a Dell computer. The stock is currently up 229% on the year.<\/p>\n

Read more Uber Seems to Be Having Second Thoughts About Trying to Dominate Food Delivery in Europe<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Trump reportedly made a whopping $1.4 billion from crypto in 2025.<\/p>\n","protected":false},"author":1,"featured_media":756,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"yoast_head":"\nFox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/longhaulmovingpros.com\/?p=757\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros\" \/>\n<meta property=\"og:description\" content=\"Trump reportedly made a whopping $1.4 billion from crypto in 2025.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/longhaulmovingpros.com\/?p=757\" \/>\n<meta property=\"og:site_name\" content=\"Long Haul Moving Pros\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-06T17:48:59+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#\\\/schema\\\/person\\\/ed9c8f732aec56889e8fd0602fe5af4b\"},\"headline\":\"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself\",\"datePublished\":\"2026-07-06T17:48:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757\"},\"wordCount\":1183,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e9cc0bfb3c657936c3e668f61ace7aa3.webp\",\"articleSection\":[\"Cryptocurrencies\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757\",\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757\",\"name\":\"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e9cc0bfb3c657936c3e668f61ace7aa3.webp\",\"datePublished\":\"2026-07-06T17:48:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#\\\/schema\\\/person\\\/ed9c8f732aec56889e8fd0602fe5af4b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#primaryimage\",\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e9cc0bfb3c657936c3e668f61ace7aa3.webp\",\"contentUrl\":\"https:\\\/\\\/longhaulmovingpros.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/e9cc0bfb3c657936c3e668f61ace7aa3.webp\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?p=757#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/longhaulmovingpros.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#website\",\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/\",\"name\":\"Long Haul Moving Pros\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/longhaulmovingpros.com\\\/#\\\/schema\\\/person\\\/ed9c8f732aec56889e8fd0602fe5af4b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/longhaulmovingpros.com\"],\"url\":\"https:\\\/\\\/longhaulmovingpros.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/longhaulmovingpros.com\/?p=757","og_locale":"en_US","og_type":"article","og_title":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros","og_description":"Trump reportedly made a whopping $1.4 billion from crypto in 2025.","og_url":"https:\/\/longhaulmovingpros.com\/?p=757","og_site_name":"Long Haul Moving Pros","article_published_time":"2026-07-06T17:48:59+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/longhaulmovingpros.com\/?p=757#article","isPartOf":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757"},"author":{"name":"admin","@id":"https:\/\/longhaulmovingpros.com\/#\/schema\/person\/ed9c8f732aec56889e8fd0602fe5af4b"},"headline":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself","datePublished":"2026-07-06T17:48:59+00:00","mainEntityOfPage":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757"},"wordCount":1183,"commentCount":0,"image":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757#primaryimage"},"thumbnailUrl":"https:\/\/longhaulmovingpros.com\/wp-content\/uploads\/2026\/07\/e9cc0bfb3c657936c3e668f61ace7aa3.webp","articleSection":["Cryptocurrencies"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/longhaulmovingpros.com\/?p=757#respond"]}]},{"@type":"WebPage","@id":"https:\/\/longhaulmovingpros.com\/?p=757","url":"https:\/\/longhaulmovingpros.com\/?p=757","name":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself - Long Haul Moving Pros","isPartOf":{"@id":"https:\/\/longhaulmovingpros.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757#primaryimage"},"image":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757#primaryimage"},"thumbnailUrl":"https:\/\/longhaulmovingpros.com\/wp-content\/uploads\/2026\/07\/e9cc0bfb3c657936c3e668f61ace7aa3.webp","datePublished":"2026-07-06T17:48:59+00:00","author":{"@id":"https:\/\/longhaulmovingpros.com\/#\/schema\/person\/ed9c8f732aec56889e8fd0602fe5af4b"},"breadcrumb":{"@id":"https:\/\/longhaulmovingpros.com\/?p=757#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/longhaulmovingpros.com\/?p=757"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/longhaulmovingpros.com\/?p=757#primaryimage","url":"https:\/\/longhaulmovingpros.com\/wp-content\/uploads\/2026\/07\/e9cc0bfb3c657936c3e668f61ace7aa3.webp","contentUrl":"https:\/\/longhaulmovingpros.com\/wp-content\/uploads\/2026\/07\/e9cc0bfb3c657936c3e668f61ace7aa3.webp","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/longhaulmovingpros.com\/?p=757#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/longhaulmovingpros.com\/"},{"@type":"ListItem","position":2,"name":"Fox News Struggles to Defend Trump Crypto \u2018Grift,\u2019 So He\u2019ll Just Have to Do It Himself"}]},{"@type":"WebSite","@id":"https:\/\/longhaulmovingpros.com\/#website","url":"https:\/\/longhaulmovingpros.com\/","name":"Long Haul Moving Pros","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/longhaulmovingpros.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/longhaulmovingpros.com\/#\/schema\/person\/ed9c8f732aec56889e8fd0602fe5af4b","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/longhaulmovingpros.com"],"url":"https:\/\/longhaulmovingpros.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/posts\/757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=757"}],"version-history":[{"count":0,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/posts\/757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=\/wp\/v2\/media\/756"}],"wp:attachment":[{"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/longhaulmovingpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}