PANews reported on February 3rd that according to The Crypto Basic, Coinbase Director Conor Grogan said that US President Trump and his team may have earned more than $800 million after launching the TRUMP coin. According to an X post today, Grogan said that Trump and his team earned $802 million through transfers, liquidity events and fees related to TRUMP.

Since the launch of TRUMP coin on January 18, the Trump team has transferred more than $482 million in TRUMP, SOL and USDC to cryptocurrency exchanges such as Binance, KuCoin and OKX. Grogan pointed out that although the team sent these tokens to the exchanges, it is still unclear whether they have been sold.