What was written on page 927? Cryptocurrency. In the first year of his second term, Trump earned more than $1.4 billion in revenue through cryptocurrency-related businesses. This figure includes three different kinds of money from two separate entities, which flowed into the Trump family accounts through at least three layers of legal structures.

This is not a story about “how much the president made from trading crypto.” Not a single cent of the $1.4 billion came from Trump himself profiting from buying and selling on exchanges. It’s more like a brand business revenue statement—except that what was sold was the president’s name and likeness.