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Sen. Elizabeth Warren (D-Mass.) renewed her assault on President Donald Trump’s cryptocurrency pursuits Thursday, arguing that his wealth is tied to an trade his administration is reshaping.
Warren Targets Trump’s Rising Crypto Wealth
“Trump owns ~$1 billion in cryptocurrency. In the meantime, his administration shapes crypto coverage. The President should not be getting wealthy off his personal coverage choices,” Warren wrote on X.
Trump owns ~$1 billion in cryptocurrency.
In the meantime, his administration shapes crypto coverage.
The President should not be getting wealthy off his personal coverage choices.
— Elizabeth Warren (@ewarren) August 27, 2026
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Warren didn’t clarify how she calculated the roughly $1 billion determine. Trump’s 2025 monetary disclosure confirmed his firms generated greater than $1.4 billion from crypto ventures, together with greater than $520 million from World Liberty Monetary token gross sales and over $635 million from Official Trump memecoin royalties.
The submitting confirmed Trump retained 15.75 billion World Liberty governance tokens valued above $50 million, whereas Trump-affiliated firms held as a lot as $160 million in Bitcoin and Ethereum on the finish of 2025.
Trump has defended the earnings. “There’s nothing unlawful, there’s nothing flawed with it,” he stated in July.
Benzinga reached out to the White Home for touch upon Warren’s feedback however didn’t obtain a direct response.
Watchdog Says Buyers Misplaced Billions
Warren’s newest criticism coincided with a Public Citizen report estimating traders in Trump-linked crypto merchandise are not less than $4.7 billion underwater whereas Trump made not less than $1.4 billion from crypto in 2025. The watchdog confused most losses stay unrealized.
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Public Citizen estimated $3.2 billion in losses tied to the TRUMP memecoin, not less than $1 billion involving World Liberty’s WLFI token and about $450 million in paper losses on Trump Media and Expertise Group Corp.‘s Bitcoin holdings.
Crypto Coverage Fuels Battle Questions
The coverage backdrop has sharpened Warren’s criticism. Trump final week hosted cryptocurrency executives on the White Home and urged Congress to cross a “honest model” of the Readability Act, which might set up clearer federal guidelines for digital belongings. Reuters reported his administration has additionally applied federal stablecoin guidelines whereas scaling again some Justice Division and Securities and Alternate Fee crypto enforcement.
The White Home has beforehand rejected conflict-of-interest allegations. Spokesperson Anna Kelly instructed Reuters in June, “Neither the President nor his household has ever engaged — or will ever have interaction — in conflicts of curiosity,” including Trump made the U.S. “the crypto capital of the world.”
Warren, who lately known as Trump’s $1.4 billion crypto windfall a “rip-off”, has pressed for ethics safeguards stopping senior officers from benefiting from industries they assist regulate.
Photograph Courtesy: Bryan J. Scrafford on Shutterstock.com
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