Sen. Elizabeth Warren (D-Mass.) on Thursday criticized President Donald Trump‘s cryptocurrency earnings after financial disclosures showed he generated at least $1.4 billion from digital asset ventures in 2025.
Warren Calls Trump’s Crypto Profits ‘Corruption’
“This is corruption, plain and simple — and Congress has a responsibility to stop it,” Warren said in a post on X.
The Massachusetts senator added that the Clarity Act should prevent the president, vice president, members of Congress, senior administration officials and their families from continuing to profit from cryptocurrency ventures.
The White House did not immediately respond to Benzinga‘s request for comment on Warren’s post.
This is corruption, plain and simple – and Congress has a responsibility to stop it.
— Elizabeth Warren (@SenWarren) July 9, 2026
The Clarity Act must prevent the President, Vice President, members of Congress, senior admin officials, and their families from continuing to profit off crypto ventures. https://t.co/QB8p4AgR8s
Trump’s Crypto Windfall Outpaces Public Rivals
Trump reportedly generated an estimated $1.4 billion in income from cryptocurrency ventures in 2025, exceeding the annual earnings of every publicly traded U.S. crypto company.
The disclosures showed roughly $800 million came from World Liberty Financial, while the remainder was generated through the Official Trump memecoin and other digital asset ventures.
Gerber Kawasaki CEO Ross Gerber criticized Trump after more than one million investors lost money on Trump-linked crypto projects, after roughly two-thirds of wallets holding the Official Trump memecoin remain at unrealized losses.
Crypto Ventures Draw Fresh Scrutiny
Trump has defended his cryptocurrency earnings, saying there was “nothing illegal” or “wrong” with the ventures and reiterated that the U.S. should lead the world in digital assets.
Trump’s growing crypto business has become a recurring target for Democrats, who have questioned whether the president’s digital asset ventures and stock investments create conflicts of interest.
Earlier this week, Warren accused Trump of using the presidency to advance his family’s cryptocurrency business after he signed the GENIUS Act into law.
Read Also: Morgan Stanley Says AI Productivity Boom Could Keep Interest Rates Above Post-2008 Levels
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Sheila Fitzgerald on Shutterstock.com
