Trump accused of ‘disgusting’ crypto greed after earning over $1bn since return to office

A cutout of Donald Trump holding a Bitcoin is displayed on a group of servers during the Bitcoin conference at the Venetian Las Vegas on 27 May 2025. Photograph: Ian Maule/AFP/Getty Images View image in fullscreen A cutout of Donald Trump holding a Bitcoin is displayed on a group of servers during the Bitcoin conference at the Venetian Las Vegas on 27 May 2025. Photograph: Ian Maule/AFP/Getty Images Trump accused of ‘disgusting’ crypto greed after earning over $1bn since return to office Elizabeth Warren and colleagues demanded tighter rules on political figures’ crypto dealings, citing disclosures of large-scale Trump family profits US politics live – latest updates Donald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House. Elizabeth Warren , the top Democrat on the Senate banking committee, said the figures showed why US 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.” The reactions followed a 927-page disclosure released on Tuesday by the US Office of Government Ethics showing that Trump earned more than $2.2bn last year in total, from real estate, golf resorts, branded merchandise, licensing deals and court settlements. But the crypto figures 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 CIC Digital LLC took in more than $600m from Trump-branded meme coins, launched days before his second inauguration. 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 his businesses are walled off from his official duties, run by his adult sons, and did not immediately respond to a request for comment. The disclosures add to a string of controversies over the family’s crypto dealings. In June, the Ultimate Fighting Championship said it would pay fighter bonuses in USD1, a stablecoin issued by World Liberty Financial, at a mixed martial arts event staged on the White House’s south lawn for the president’s birthday. (World Liberty was an official sponsor of the event.) Congressional Democrats want a fuller reckoning. Warren’s staff reported last week that officials linked to the Unit