The President's son; executive vice president, Trump Organization; co-founder, American Bitcoin
11
dated entries
3
records
1
of our stories
The card
What the record shows
Eric TrumpThe President's son; executive vice president, Trump Organization; co-founder, American Bitcoin
A stake worth about $548 million on American Bitcoin's first trading day, Sept. 3, 2025
Eric Trump runs the family company that is signing the foreign golf and tower deals, and co-founded American Bitcoin, the mining company that listed on Nasdaq in September 2025. Bloomberg put his 7.5% stake at about $548 million at the first close. He also joined the advisory board of Metaplanet, Japan's biggest bitcoin-holding company.
Response: The Trump Organization says it is a private company whose deals are lawful, and that the President's assets sit in a trust managed by his children.
Holding office, or a family name, is not a crime. This page says only what the sources say, and carries the response where one was given.
In the timeline
Every entry that names Eric Trump
11 dated entries from the Grift Files timeline, oldest first, each with its source.
Trump sons join a Trump Tower penny stock's board; shares soar 580% beforehand
The family
Dominari Holdings, a small money-losing investment bank headquartered in Trump Tower, announced Donald Trump Jr. and Eric Trump were joining its advisory board and investing in a private placement. The stock, under $1 in December, jumped as much as 84% that day after a 91% gain the day before. The Financial Times later found Dominari shares had risen 580% in the six weeks before the announcement, with daily volume up from 11,700 shares to 1.2 million, and that each brother received 966,000 shares, about 6.7% of the company, before the news was public.
The response: Dominari did not respond to the Telegraph's or FT's requests for comment; CEO Kyle Wool said the brothers would help the firm focus on AI and data centers.
Eric Trump joins the advisory board of Japan's biggest bitcoin-holding company
$12.6MThe family
Tokyo-listed Metaplanet named Eric Trump the first member of its new Strategic Board of Advisors and, days later, bought another 150 bitcoin for about $12.6 million, bringing its holdings to 3,350 coins worth about $291 million. Metaplanet's stock rose 4.8% in the Monday session and was up 38.7% for the year. Eric Trump runs the Trump Organization day to day and co-founded the family's crypto ventures, while his father sets U.S. crypto policy.
Abu Dhabi's MGX uses Trump family stablecoin USD1 for $2 billion Binance investment
$2BThe family
At a crypto conference in Dubai, World Liberty co-founder Zach Witkoff, on a panel with Eric Trump, said USD1 had been 'selected as the official stablecoin' to close MGX's $2 billion investment in Binance. MGX is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE national security adviser. USD1 is issued on Binance's blockchain, and Reuters found an anonymous wallet had received about $2 billion of USD1 between April 16 and 29. World Liberty earns interest on the Treasury bills backing every dollar of USD1 in circulation.
The response: Trump's company says he has handed asset management to his children and has no role in day-to-day decisions (Reuters).
Eric Trump and Vietnam's prime minister break ground on a $1.5 billion Trump golf resort during tariff talks
$1.5BThe family
Prime Minister Pham Minh Chinh joined Eric Trump in Hung Yen province to break ground on a $1.5 billion golf and residential project with local partner Kinhbac City, approved by Vietnamese authorities the week before. At the time Vietnam faced a threatened 46% U.S. tariff and its negotiators were in Washington offering concessions. Chinh said Eric Trump's visit "motivated us to expedite this project"; Trump later reported a $5 million licensing fee from it.
The response: Eric Trump said the project would be "the envy of all of Asia and of the entire world." CNBC later reported it found no evidence the project influenced the tariff talks; the Vietnamese government did not answer questions.
Nasdaq firm ALT5 Sigma raises $1.5 billion to buy WLFI; Eric Trump joins its board
$1.5BThe family
ALT5 Sigma announced a $1.5 billion stock sale to build a treasury of World Liberty's WLFI tokens, with World Liberty as lead investor paying in tokens. Zach Witkoff became ALT5's chairman and Eric Trump was named a director, later downgraded to a non-voting board observer to satisfy Nasdaq rules. Securities filings showed World Liberty would receive ALT5 shares in exchange for $750 million of WLFI. ALT5's shares fell 8% on the news and later collapsed.
Eric Trump's American Bitcoin lists on Nasdaq, briefly valued near $8.5 billion
$8.5BThe family
American Bitcoin, created in March 2025 when miner Hut 8 spun its mining business into a new company, went public in early September 2025. Hut 8 kept 80%; the other 20% went to shareholders of American Data Centers, a company launched by Eric Trump and Donald Trump Jr. Eric Trump is co-founder and chief strategy officer. The company was valued at nearly $8.5 billion at its September 9 peak and had five employees; by mid-January 2026 the stock was down more than 70%.
Eric Trump's stake in American Bitcoin worth $548 million on its first trading day
$548MThe family
American Bitcoin, a bitcoin-mining company co-founded by Eric Trump (its chief strategy officer) and backed by Donald Trump Jr., began trading on Nasdaq as ABTC after merging with Gryphon Digital Mining. Shares more than doubled intraday, trading was halted repeatedly, and the stock closed at $8.04, up about 17%. Bloomberg calculated Eric Trump's roughly 7.5% stake at about $548 million. Hut 8 holds 80% of the company; the Trump sons' American Data Centers holds the rest. The company said it was worth "above $5 billion" and planned a $2.1 billion share sale to buy more bitcoin.
WSJ: UAE 'spy sheikh' secretly bought 49% of World Liberty for $500 million before inauguration
$500MThe family
The Wall Street Journal reported that Aryam Investment 1, an Abu Dhabi entity backed by UAE national security adviser Sheikh Tahnoon bin Zayed Al Nahyan, signed a deal to buy 49% of World Liberty Financial for $500 million, with Eric Trump signing four days before his father's inauguration. The stake was never disclosed; about $187 million went to Trump family entities and at least $31 million to Witkoff family entities, with half paid up front. Months later the administration approved sales of hundreds of thousands of advanced Nvidia chips to the UAE, a fifth of them to Tahnoon's company G42, whose executives took World Liberty board seats.
The response: White House counsel David Warrington said 'the President has no involvement in business deals that would implicate his constitutional responsibilities.' Spokeswoman Anna Kelly said there are no conflicts of interest and that Trump's assets are in a trust managed by his children. World Liberty spokesman David Wachsman confirmed the deal but said 'neither President Trump nor Steve Witkoff had any involvement whatsoever in this transaction' and denied any link to the chip decision.
American Bitcoin does a 1-for-15 reverse split; Eric Trump's stake down $600 million
$600MThe family
American Bitcoin consolidated every 15 shares into one to meet Nasdaq's $1 minimum price after the stock fell more than 95% from its September 2025 peak; its market value shrank to about $374 million. Bloomberg estimated that Eric Trump owns about 6% of the company and that the slump wiped more than $600 million off the value of his stake over ten months. The company kept buying bitcoin, holding 6,899 BTC in March 2026, the 16th-largest public holder.
Democrats: up to $21.5 million of the media settlement money is missing or unexplained
$21.5MThe President
Comparing Trump's new disclosure with Florida charity filings, Warren, Blumenthal and Stansbury wrote to the treasurer of the Donald J. Trump Presidential Library Foundation that up to $21.5 million paid by ABC, Meta, Paramount and X is unaccounted for or spent without explanation. The disclosure shows $56.5 million from Meta, ABC and Paramount, but the foundation's Florida filing lists $50 million in revenue and nearly $7 million in expenses, including about $400,000 in officer pay despite a registration saying officers, including Eric Trump, are unpaid. X's roughly $8 million is not traced at all.
The response: Library foundation treasurer Madison Faupel later told MS NOW: 'There are no missing funds.' The White House and foundation did not respond to the July letter by publication.
Tbilisi tower partners finish paying the sanctioned Ivanishvili family; Eric Trump says no politics involved
$85MThe family
The Real Deal reported the Tbilisi project's Georgian developers completed payments of up to $85 million for land bought from a foundation controlled by the family of U.S.-sanctioned former prime minister Bidzina Ivanishvili by July 2026, and that developer Ilia Tsulaia had lobbied in Washington for better Georgian-U.S. ties. The tower would anchor a $2 billion mega-development. It is the latest of about two dozen foreign Trump-branded projects launched since the election.
The response: Eric Trump: Trump Tower Tbilisi "has nothing to do with the influence of a government or the influence of my father."
3 records you can open and read yourself: financial disclosures, securities filings, court dockets, budget-office estimates, Treasury figures and congressional reports. Every link goes to the official copy or the original report.
Summarizes the Journal's findings: $500 million, Eric Trump's signature four days before inauguration, $187 million to Trump entities, $31 million to Witkoff entities, and the later chip approvals.
At least $1.4 million billed to the Secret Service, rates above government levels at least 40 times, and Eric Trump's 'at cost, heavily discounted or for free' response. The first-term baseline for the current term.
House Oversight Committee (reported by AP / PBS NewsHour)
