The U.S. House Judiciary Committee's Democratic members have released a report accusing the Trump administration of exploiting the White House for the family's cryptocurrency ventures. The report alleges that the Trump family generated $800 million in the first half of 2025 through the issuance and sale of related tokens, significantly increasing their net worth since the 2024 campaign. It also highlights connections between some of these funds and overseas individuals, as well as projects like World Liberty Financial (WLFI).
The report criticizes the administration for halting several regulatory and enforcement actions, including investigations into major crypto companies such as Coinbase and Binance. Report author Raskin described the White House under Trump as "the world's most corrupt crypto startup," urging Congress to enhance oversight.
U.S. House Democrats Accuse Trump Administration of Crypto Misconduct
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
