Trump White House ‘World’s Most Corrupt Crypto Startup Operation’: House Democrats

Summary

House Judiciary Committee Democrats allege that Donald Trump and his family leveraged the presidency to amass hundreds of millions of dollars through cryptocurrency ventures, substantially increasing their net worth since the 2024 campaign. The report claims the Trumps earned $800 million from cryptocurrency sales in the first half of 2025 and now hold $11 billion in crypto and stocks. It links this wealth to foreign nationals, including controversial figures such as Justin Sun and alleges connections to organized crime via the World Liberty Financial (WLFI) cryptocurrency. The report accuses the Trump family of enabling foreign and corporate actors to buy influence through investments and donations, in exchange for regulatory favors, including the rollback of crypto regulations, pardons for notable crypto executives, and the termination of federal investigations into major crypto firms. It cites the dissolution of the DOJ’s National Cryptocurrency Enforcement Team and the repeal of investor protection rules, arguing these actions have weakened safeguards against conflicts of interest and corruption, and portrays Trump’s pro-crypto stance as self-serving and corrupt.