Coinbase Director: Trump made a profit from Trump coins more than $ 800 million

Reprinted from panewslab
02/03/2025·29DPanews News on February 3rd, according to The Crypto Basic report, Conor Grogan, director of Coinbase, said that US President Trump and his team may earn more than $ 800 million after launching Trump coins. According to today's X post, Grogan said that Trump and his team earned $ 802 million through transfer, liquidity events and expenses related to Trump.
Since Trump coins launched on January 18, the Trump team has transferred Trump, SOL and USDC of more than $ 482 million in cryptocurrency exchanges such as Binance, Kucoin and OKX. Grogan pointed out that although the team sent these tokens to the exchange, it is still unclear whether it has been sold.