New Report Exposes the Trump Family’s Multi-Billion-Dollar Crypto Empire, Fueled by Self-Dealing and Corrupt Foreign Interests

Washington, D.C. (November 25, 2025)—Rep. Jamie Raskin, Ranking Member of the House Judiciary Committee, released a new staff report revealing how President Donald Trump and his family have transformed the presidency into a personal money-making operation, adding billions of dollars to his net worth through cryptocurrency schemes entangled with foreign governments, corporate allies, and criminal actors. 

“Donald Trump has turned the Oval Office into the world’s most corrupt crypto startup operation, minting staggering personal fortunes for him and his family in less than a year. Meantime, Trump has been pardoning criminals who commit fraud through crypto and dismantling the regulations that protect legitimate American investors. We don’t know where all the money is coming from yet, but America has never seen corruption on this scale take place inside the White House. This Report shows how Trump’s so-called ‘pro-crypto agenda’ is just one more Trump family self-enrichment plan, built on pay-to-play deals and corrupt foreign interests seeking secret channels of access and influence,” said Ranking Member Raskin. “Congress must expose this dangerous grift, and defend the rule of law against the profiteers and criminals who would destroy it.” 

The report, “Trump, Crypto, and a New Age of Corruption,” documents how the President has used his office to enrich himself and his family—with crypto holdings worth as much as $11.6 billion and income of more than $800 million from the sale of crypto assets in the first half of 2025 alone—while dismantling federal oversight and safeguards that once protected Americans from fraud, scams, and financial exploitation. 

Foreign actors and corporate interests have been buying access and favors from the President and his Administration by funneling money into the Trump family’s cryptocurrency ventures and making large, politically motivated donations. In return, these financial backers have received swift returns: regulatory rollbacks, policy giveaways, and the quiet termination of federal investigations into major players in the crypto industry. 

The report presents extensive evidence of presidential self-dealing, foreign influence, and obstruction of justice, revealing how the Trump Administration’s crypto policies were designed to advance Trump and his family’s personal financial interests at the expense of the law, ethics, and national security. Key findings include: 

• President Trump and his family have earned hundreds of millions of dollars and added billions to their net worth through a network of cryptocurrency ventures launched during and after the 2024 campaign, including World Liberty Financial and the $TRUMP memecoin.
   
• The Trump family’s crypto ventures have attracted substantial investments from foreign nationals and state-linked entities seeking to curry favor with the Administration—raising severe constitutional, ethical, and national security concerns.
   
• The Trump Administration has intervened to halt or terminate federal investigations and enforcement actions involving multiple cryptocurrency firms that have donated to the President or invested in his companies, including Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken.
   
• Trump has issued pardons and rolled back sanctions for known bad actors that have provided financial support to his ventures.
   
• The Administration has systematically dismantled anti-corruption and financial integrity safeguards, including dissolving the Department of Justice’s (DOJ) National Cryptocurrency Enforcement Team (NCET), and repealing investor protection rules adopted during the Biden Administration—moves that have directly advanced the President’s personal financial interests. 

President Trump and his family kept lining their pockets while he and his allies in Congress closed down the federal government—refusing to extend tax credits to make healthcare affordable for American families, putting continued food benefits for women and children in doubt, and placing active-duty military personnel in danger of missing their next paycheck. 

The Committee’s report warns that Trump’s ability to accumulate billions of dollars through his family’s cryptocurrency ventures in less than a year exposes severe weaknesses in the nation’s campaign finance, conflict-of-interest, and anti-bribery laws, and underscores the urgent need for congressional reforms to restore accountability and integrity to the presidency.

Click here to read the report.