Democrats accuse Trump of profiting from cryptocurrency, earning $800 million in the first half of the year.

According to Odaily, Democrats on the U.S. House Judiciary Committee released a highly partisan report accusing President Trump and his family of using presidential power to profit massively from the cryptocurrency industry. The report claims that the Trump family profited as much as $800 million in the first half of 2025 through token issuance, investment partnerships, and political donations, and that their total holdings of cryptocurrencies and stocks have risen to $11 billion, doubling their wealth in less than a year.

The report alleges that foreign powers have used the purchase of Trump family-related tokens or investment in projects in exchange for policy favors, including regulatory easing and preferential treatment. Democratic Party examples include: Trump's pardons of BitMEX founder Arthur Hayes (March 2025) and Binance founder CZ (October 2025), the termination of investigations into leading companies such as Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken, the disbanding of the Justice Department's National Cryptocurrency Enforcement Task Force, and the repeal of Biden's executive order, "Ensuring the Responsible Development of Digital Assets," among other regulatory measures.

The Democratic report concluded that Trump turned the Oval Office into "the world's most corrupt crypto startup," and that his so-called "pro-crypto policy" was essentially a family money-making scheme, operating on a "pay-to-play" model and the influence of foreign interests. (Decrypt)