cryptopolitics

A new political storm is forming in Washington. Democrats on the House Judiciary Committee have released an extensive report alleging that former President Donald Trump and his family used presidential power to build a massive crypto fortune. According to the document, the Trump family supposedly generated more than $800 million in crypto profits during the first half of 2025 alone — not counting the total valuation of their holdings.
The report suggests that the family’s digital-asset portfolio, stocks, and tokenized ventures may exceed $11 billion, raising accusations that crypto projects linked to the Trumps benefited from privileged access to the White House.

WLFI & the TRUMP token at the center of the allegations
According to the report, two crypto ventures are key to the controversy: World Liberty Financial (WLFI) and the political memecoin TRUMP, which became one of the most explosive tokens of 2025. Democrats argue that these projects attracted major investors from the U.S. and abroad, some of whom allegedly sought political favor or regulatory leniency.
The report claims that many WLFI and TRUMP investors were high-value political donors, which in turn created access and influence at the highest levels of Trump’s administration.

Allegations of policy shifts in exchange for financial benefit
Democrats allege that after investments flowed into Trump-linked crypto projects, the administration made policy moves that benefited certain firms — from friendlier regulatory treatment to the de-escalation or closure of federal investigations. Several large cryptocurrency companies were mentioned as having allegedly received more favorable handling from regulators. The report also criticizes the shutdown of the Justice Department’s National Cryptocurrency Enforcement Team, which, according to Democrats, weakened oversight and reduced investor protection.
They argue that this shift coincided with rapid growth of the Trump family’s assets and the rise of pro-crypto governmental policies, including the GENIUS Act, signed earlier this year.

Democrats demand transparency on fund origins
Lawmakers sent a formal request to Treasury Secretary Scott Bessent, asking for suspicious activity reports, transaction data, and financial intelligence relating to WLFI and the TRUMP token. Their goal is to determine whether foreign governments, state-linked entities, or politically motivated donors were behind the capital flowing into these ventures.
Representative Jamie Raskin, who leads the Democratic effort, stated that the findings indicate the Oval Office effectively “became the world’s most corrupt crypto startup.”

The Trump administration denies any wrongdoing
The White House strongly rejected the accusations. Press secretary Karoline Leavitt described the claims as politically motivated and insisted that Trump’s crypto policies are focused on innovation and economic opportunity for all Americans. The administration maintains that neither the former president nor his family engaged in illegal activity.
Republican leadership has not announced any formal response, and no independent investigation has been launched in connection with the report.

A crypto fight at a critical moment for U.S. regulation
The controversy emerges just as Congress prepares major decisions that could shape the future of digital assets in the United States. Regulatory frameworks covering stablecoins, market oversight, and crypto taxation are expected to be debated this winter.
Trump’s allies dismiss the report as an election-year attack. Critics warn that, if even partly accurate, the allegations represent one of the largest intersections of political power and private profit in modern U.S. history.

#TRUMP , #CryptoPolitics , #whitehouse , #USPolitics , #TrumpToken

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Trump's Ministers Bet Big on Bitcoin – Holding Millions in Crypto
At least six members of President Donald Trump’s cabinet own Bitcoin or have invested in it through various financial instruments. This information comes from their financial disclosures released in December 2024 and January 2025.
According to public filings, the total value of their Bitcoin holdings reaches millions of dollars, confirming the increasing influence of cryptocurrencies among top political figures.

Which Cabinet Members Hold the Most Bitcoin?
💎 Robert F. Kennedy Jr., Secretary of Health and Human Services, holds a Bitcoin Fidelity account valued between $1 million and $5 million.

💎 Russell Vought, Director of the Office of Management and Budget, has a personal Coinbase wallet containing BTC worth between $1,001 and $15,000 and has pledged to divest his holdings.

💎 Scott Bessent, Secretary of Treasury, owns shares in iShares Bitcoin Trust ETF valued between $250,001 and $500,000 and has promised to sell them within 90 days of his confirmation.
🚀 Trump previously claimed that federal government officials were among the largest Bitcoin holders and vowed to make the U.S. the "Bitcoin superpower of the world".

Bitcoin Investors in Trump’s Cabinet
📈 Tulsi Gabbard, Director of National Intelligence, holds Bitwise Bitcoin ETF Trust worth between $15,001 and $50,000, along with direct Bitcoin holdings in the same range. She has committed to selling her Bitcoin assets.

📈 Sean Duffy, Secretary of Transportation, owns $250,001 to $500,000 in Bitcoin and has a Gemini wallet with BTC worth up to $500,000. He also holds investments in the Fidelity Wise Origin Bitcoin Fund valued between $50,001 and $100,000.

📈 Pete Hegseth, Secretary of Defense, disclosed in December that his Bitcoin investments range between $15,001 and $50,000.

Crypto and Political Elites: Why Are Trump’s Ministers Betting on Bitcoin?
The Trump administration has consistently expressed a pro-Bitcoin stance. President Donald Trump and his closest advisors advocate for crypto-friendly regulations, aiming to strengthen the U.S. position in the digital asset space.
Meanwhile, David Sacks, Trump’s AI and crypto advisor, recently announced that he sold all his crypto holdings before assuming his role. His portfolio reportedly included Bitcoin, Ethereum, and Solana, and he is currently undergoing a government ethics review.
💡 What Does This Mean for Bitcoin?
While the crypto market experiences phases of growth and correction, top U.S. officials continue accumulating digital assets.
📊 Bitcoin is currently trading at $83,332 despite a 9% weekly decline, maintaining strong support levels.

🔥 Is this a signal that the U.S. is moving toward broader Bitcoin adoption at the governmental level? The world watches closely for the next steps from Trump’s administration!

#BTC , #CryptoPolitics , #CryptoMarket , #CryptoInvesting , #TRUMP

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Donald Trump is facing growing scrutiny over whether he’s financially benefiting from his memecoin project — and his conflicting statements aren’t clearing the air. In a recent NBC News interview, Trump insisted he’s “not profiting from anything,” only to later admit he hasn’t even checked if the coin made him money.

🎤 “I haven't looked into it.”
During a Meet the Press segment with Kristen Welker, Trump was asked to address accusations that he’s personally profiting from the memecoin launched shortly before his return to the White House.

Asked directly whether the coin brings him financial gains, Trump replied:
“I haven't even looked.”

He then added:
“Look, if I own stock in something and I’m doing a good job, and the market goes up — I guess I benefit.”

🪙 Official TRUMP Token: Boom and Bust
Trump’s cryptocurrency, Official Trump (TRUMP), launched on January 17, and hit an all-time high of $73.43 just two days later — right before his inauguration.

Since then, it has plummeted by over 85%, now trading at around $11.35.
The price recently surged after the project’s website offered top token holders a chance to have dinner with Trump on May 22.

💼 Who owns the token?
Two Trump-affiliated entities — CIC Digital LLC and Fight Fight Fight LLC — collectively control 80% of the 1 billion tokens in existence.

On April 18, a token unlock event awarded 40 million tokens to CIC Digital — worth an estimated $454 million at the time.
A March analysis by The Financial Times estimated that the project has already generated at least $350 million — including $314 million in token sales and $36 million in fees.

⚖️ Criticism from all sides
Trump’s cryptocurrency ties have drawn criticism, with opponents calling it a conflict of interest, especially as he pushes to deregulate the crypto industry.
Even Republican Senators Cynthia Lummis and Lisa Murkowski expressed concern about the controversial "dinner for tokens" offer.
Trump claimed he’s been donating his presidential salary “back to the government.” When asked whether he’d also donate any crypto profits, he replied:
“I never thought about that. Should I give away my real estate too, just because it appreciates while I’m doing a good job as president? I don’t think so.”

🗳️ Crypto as part of the campaign
Trump once again voiced strong support for crypto, stating:
“If we don’t do it, China will. It’s new, it’s popular, and people want it.”
He accused former President Joe Biden of changing his stance on crypto “only for the votes” — though it was actually Vice President Kamala Harris who ran against Trump in the last election.
Speaking to reporters on May 4, Trump doubled down:
“Crypto is very important,” he said. “We need to keep it away from China — just like we do with AI and other key industries.”

❓Question for Readers:
Is Trump a forward-thinking crypto advocate — or is he blurring the line between politics and business too much?

#TRUMP , #CryptoPolitics , #memecoin , #TrumpToken , #CryptoRegulation

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“