Trump Second NFT Collection Sells Out While Revealing Substantial Digital Asset Incometimeline_event

trumpmarket-manipulationcryptofinancial-disclosuredigital-assetsnftlegal-context
2023-04-19 · 1 min read · Edit on Pyrite

type: timeline_event

Trump launched his second NFT collection in April 2023, which sold out rapidly, coinciding with his legal troubles in Manhattan. His financial disclosure revealed he earned between $500,000 and $1 million from NFT sales. The second collection's launch occurred while the prices of his original December 2022 collection had already fallen 99% from their peak. The NFT sales were managed by NFT INT LLC through a licensing agreement with CIC Digital LLC, demonstrating a sophisticated monetization strategy during a period of intense legal scrutiny.