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calendar_month Jul 10, 2026

Elizabeth Warren Calls Donald Trump’s $1.4 Billion Crypto Earnings ‘Corruption,’ Says ‘Congress Has a Responsibility to Stop It’

Sen. Elizabeth Warren (D-Mass.) on Thursday criticized President Donald Trump‘s cryptocurrency earnings after financial disclosures showed he generated at least $1.4 billion from digital asset ventures in 2025.

Warren Calls Trump’s Crypto Profits ‘Corruption’

“This is corruption, plain and simple — and Congress has a responsibility to stop it,” Warren said in a post on X.

The Massachusetts senator added that the Clarity Act should prevent the president, vice president, members of Congress, senior administration officials and their families from continuing to profit from cryptocurrency ventures.

The White House did not immediately respond to Benzinga‘s request for comment on Warren’s post.

Trump’s Crypto Windfall Outpaces Public Rivals

Trump reportedly generated an estimated $1.4 billion in income from cryptocurrency ventures in 2025, exceeding the annual earnings of every publicly traded U.S. crypto company.

The disclosures showed roughly $800 million came from World Liberty Financial, while the remainder was generated through the Official Trump memecoin and other digital asset ventures.

Gerber Kawasaki CEO Ross Gerber criticized Trump after more than one million investors lost money on Trump-linked crypto projects, after roughly two-thirds of wallets holding the Official Trump memecoin remain at unrealized losses.

Crypto Ventures Draw Fresh Scrutiny

Trump has defended his cryptocurrency earnings, saying there was “nothing illegal” or “wrong” with the ventures and reiterated that the U.S. should lead the world in digital assets.

Trump’s growing crypto business has become a recurring target for Democrats, who have questioned whether the president’s digital asset ventures and stock investments create conflicts of interest.

Earlier this week, Warren accused Trump of using the presidency to advance his family’s cryptocurrency business after he signed the GENIUS Act into law.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Sheila Fitzgerald on Shutterstock.com