Arkham Uncovers Donald Trump’s Crypto Wallet, Worth $2.8 Million
TLDR:
- Arkham Intelligence claims former President Donald Trump is the owner of a crypto wallet collecting NFT royalties
- Trump’s Financial Statement mirrors the balance of the largest royalty fee wallet linked to the Trump NFT project
- Trump disclosed owning a crypto wallet with up to $5 million worth of ether, along with $2.8 million income in the wallet
- A significant NFT licensing deal with NFT INT LLC earned Trump $4.9 million, surpassing earlier reported figures
- The successful Trump NFT project involves two drops, generating over $26 million in trading volume, raising questions about its ownership
In a stunning revelation, Arkham Intelligence has recently claimed that the owner of a cryptocurrency wallet amassing substantial royalties from NFTs is none other than former President Donald Trump.
This bombshell announcement has sent shockwaves throughout the blockchain and cryptocurrency community, as the renowned blockchain data firm delves into the intriguing world of digital assets and their high-profile owners.
The Cryptic Trail
The intriguing story begins with a tweet from Arkham Intelligence, revealing details from Trump’s Financial Statement dated August 14th, 2023.
The statement showed a cryptocurrency balance of $2,806,341, remarkably matching the current balance of the notable royalty fee wallet linked to the Trump NFT project.
This striking similarity has sparked discussions and curiosity online.
Donald Trump’s crypto holdings are now on Arkham.
— Arkham (@ArkhamIntel) August 16, 2023
We believe @realDonaldTrump owns the wallet 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce
This is supported by information from his financial statement filed on August 14th. pic.twitter.com/SHZ3kxrnOe
Unveiling the Numbers
Recently, The Block revealed that Trump publicly acknowledged owning a cryptocurrency wallet with up to $5 million worth of ether. This disclosure was part of Trump’s certified 2023 financial reports, which were released online by Citizens for Responsibility and Ethics in Washington.
The disclosed income of $2.8 million deposited into the wallet adds to the intrigue surrounding Trump’s involvement in the crypto world.
Additionally, these declarations highlighted a significant financial gain of $4.9 million from an NFT licensing agreement with NFT INT LLC. This same entity organized two well-known NFT releases in the past year. These numbers far exceed previous reports of $500,000, showcasing the substantial financial success of Trump’s NFT ventures.
A Complex Web of Identity
The Trump NFT project, featuring “trading cards,” has achieved remarkable success with two distinct releases. These digital collectibles, priced at $99 each, have collectively generated a substantial trading volume of more than $26 million, according to OpenSea data.
Questions about the project’s creator have arisen since its start. The NFTs’ official website clarifies that NFT INT LLC operates under a licensing agreement, emphasizing that it is not owned or controlled by Trump himself.
The website for the NFTs — dubbed “trading cards” — says NFT INT LLC is “not owned, managed or controlled” by Trump and that the project is a result of a licensing deal which allows for the use of the controversial politician’s image and likeness.
“NFT INT LLC uses Donald J. Trump’s name, likeness and image under paid license from CIC Digital LLC,” the website states. The corporate listing for NFT INT LLC shows no mention of Trump, and the company appears to be a shell corporation based in Delaware, although it lists a Utah address.
Notably, Trump’s diverse roles within CIC Digital LLC are disclosed by CREW’s disclosures, where he serves as manager, president, secretary, and treasurer.
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