Sen. Elizabeth Warren (D-Mass.) said on Sunday that President Donald Trump is not fighting for the American people as he claimed before, highlighting his billion-dollar cryptocurrency gains during the first year of his presidency.
Warren Questions Trump’s Crypto Income
Warren quoted an X post by Yahoo Finance, revealing that Trump earned more from cryptocurrency, roughly $1.4 billion, than any publicly traded cryptocurrency company in the U.S., including Coinbase Global Inc. (NASDAQ:COIN).
| Companies | Net Profit In 2025 +/- |
| Coinbase | $1.26 billion |
| Strategy Inc. (NASDAQ:MSTR) | -$4.2 billion |
| MARA Holdings Inc. (NASDAQ:MARA) | -$1.3 billion |
She pointed out that while many Americans are struggling to afford the basics, the president is earning billions.
“Tells us everything we need to know about who President Trump is fighting for – it’s not you,” the senior lawmaker said, in reference to Trump’s oft-repeated "Fight for you" slogan used to build support.
While tens of millions of Americans can't afford the basics, Trump's financial disclosures reveal he personally outearned every single publicly traded crypto firm in America last year.
— Elizabeth Warren (@SenWarren) July 12, 2026
Tells us everything we need to know about who President Trump is fighting for – it's not you. https://t.co/LEOiQCZJtM
Scrutiny Over Trump’s Billion-Dollar Crypto Fortune
Trump’s windfall included over $520 million from the sale of tokens issued by World Liberty Financial and more than $635 million in royalties collected from the Official Trump (CRYPTO: TRUMP) memecoin.
Trump, on the other hand, has defended his cryptocurrency earnings, stating that there’s nothing “illegal” or wrong about his billion-dollar cryptocurrency income. He made these comments in a Benzinga article published on July 2, 2026.
He said that he takes no personal role in his investments and that "big institutions" manage and allocate the money on his behalf.
Warren has consistently criticized Trump’s involvement in cryptocurrency and has called on Congress to enact robust regulatory measures aimed at stopping him from benefiting financially
A White House spokesperson told Benzinga earlier that all actions by the Trump administration are taken in the “best interest of the American people,” while rejecting any suggestions of “conflict of interest.”
Read Also: Elizabeth Warren Says Housing Affordability Bill Became Law While Trump 'Was Sleeping'
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