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Nakamoto CEO denies that Trump changed his stance on Bitcoin for personal gain.
[Coin World] Nakamoto CEO David Bailey stated that he never believed U.S. President Donald Trump changed his stance on Bitcoin (BTC) because he or his family could profit from Crypto Assets. In an interview, Bailey explicitly denied the claim that Trump changed his position on Bitcoin for personal gain. "Absolutely not," Bailey said on a nationally broadcast television program yesterday morning. "I don't think he embraced this industry to enrich himself," he reiterated, "I believe he just sees the potential like I do." Before making this statement, analysis showed that since September 2024, Crypto-related businesses controlled by the Trump family have generated $765 million in revenue.