Donald Trump has again been accused of “brazen crypto corruption” after a 927-page financial disclosure showed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House.
The disclosure, released on Tuesday by the US Office of Government Ethics, revealed that the US president was paid more than $2.2bn last year – from real estate, golf resorts, branded merchandise, licensing deals and court settlements. But a set of extraordinary crypto takings stood out: World Liberty Financial, a joint venture between the Trump family and that of Trump’s Middle East envoy, Steve Witkoff, brought in more than $500m from sales of “governance tokens”, while another firm, CIC Digital LLC, generated more than $600m from Trump-branded meme coins launched days before his second inauguration.
“Trump earned over $2.2bn in 2025, with more than $1bn from crypto ventures, drawing accusations of corruption.”
Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed why Congress needed to act. “The crypto legislation heading to the Senate floor must prevent the president, vice-president, senior administration officials, members of Congress, and their families from profiting off the crypto industry,” she said. “If it does not, it will only turbocharge Donald Trump’s brazen crypto corruption.”
Juliana Stratton, the Illinois lieutenant governor and a Democratic Senate candidate, wrote on social media that Trump’s “infinite greed is disgusting”, adding: “Donald Trump uses the office of the president to make billions while American families struggle to afford their basic needs.”
Gavin Newsom, California’s governor, said the disclosures “showed exactly” how Trump played his crypto cards, noting that many investors had lost out. “He got richer,” said Newsom. “His crypto supporters got rug-pulled.”
Minnesota governor Tim Walz, the 2024 Democratic vice-presidential nominee whom the Trump administration has targeted aggressively with fraud investigations, called Trump “the most corrupt president in American history”.
Asked about the disclosures on Wednesday, Trump waved off the scrutiny. “I made a lot of money before I became president,” he told reporters. The White House has long maintained Trump’s businesses are walled off from his official duties and run by his adult sons. It did not immediately respond to a request for further comment.