- Donald Trump and his family have made hundreds of millions from cryptocurrency ventures while in office.
- The House Judiciary Committee Democrats report claims these gains are linked to policy changes favoring crypto interests and foreign investments.
- The report highlights regulatory rollbacks, pardons, and halted investigations benefiting crypto companies and associates.
- The Trump family reportedly earned $800 million from crypto sales in the first half of 2025 and now holds assets valued at $11 billion.
- Calls have been made for congressional action to address conflicts of interest and tighten crypto regulations for elected officials.
Donald Trump and his family have reportedly used the presidency to gain hundreds of millions of dollars through cryptocurrency ventures, according to a partisan report from House Judiciary Committee Democrats led by Representative Jamie Raskin (D-MD). The document details how the family’s net worth has doubled since the start of Trump’s 2024 campaign, largely through crypto-related businesses.
The report cites investigations by Reuters highlighting that the Trump family earned $800 million from cryptocurrency sales in just the first half of 2025. Their total crypto and stock holdings are now valued at approximately $11 billion. Allegations include connections to foreign nationals and organized crime, particularly involving ownership of the World Liberty Financial (WLFI) cryptocurrency. The report specifically mentions investor Justin Sun, founder of the Tron blockchain, who is linked to the WLFI project and associated with the crypto exchange HTX as an advisor.
According to the report, these crypto dealings opened avenues for foreign and corporate interests to gain influence in the White House by funneling money into the Trump family’s crypto ventures. This financial support allegedly led to policy changes including regulatory rollbacks, termination of federal investigations into major crypto firms, and favorable government actions. These firms include Coinbase, Gemini, Robinhood, Ripple, crypto.com, Uniswap, Yuga Labs, and Kraken.
Additional actions by the Trump administration cited in the report include pardoning crypto executives Arthur Hayes of Bitmex and Changpeng Zhao of Binance. The administration also dissolved the Department of Justice’s National Cryptocurrency Enforcement Team and repealed investor protection measures such as the Ensuring Responsible Development of Digital Assets executive order issued by former President Joe Biden.
The report calls attention to weaknesses in U.S. campaign finance, lobbying laws, and conflict-of-interest regulations, as they relate to these developments. Raskin described Trump’s approach as turning the Oval Office into a “corrupt crypto startup operation” focused on self-enrichment at the expense of retail investor protections. Financial policy advocates have urged Congress to ban cryptocurrency trading and meme coin sponsorships by elected officials, framing such activities as potential bribe solicitation.
The White House has been contacted for comment on these allegations.
References:
- Detailed report by House Judiciary Committee Democrats here
- Reuters investigations here
- World Federation of Exchanges letter to SEC here
- Executive order repeal details here
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