Bernie Sanders Alleges Trump Family Made $4 Billion Off Presidency, $3 Billion From Crypto

Bernie Sanders Alleges Trump Family Made $4 Billion Off Presidency, $3 Billion From Crypto

N
News Editor 01
2026-07-09 01:52:40
Senator Bernie Sanders has publicly accused the Trump family of profiting $4 billion from the presidency, with over $3 billion attributed to cryptocurrency ventures like World Liberty Financial.
TrumpcryptocurrencyWorld Liberty FinancialBernie Sanderspolitical controversy

Senator Bernie Sanders has publicly accused the Trump family of profiting $4 billion from the presidency, including more than $3 billion from cryptocurrency ventures. The allegation has intensified bipartisan scrutiny of the Trump family's crypto-related financial interests.

The $4 Billion Breakdown

Sanders posted a full breakdown on X, listing: $3.02 billion from crypto, $425.8 million from Persian Gulf deals, $150 million from a Qatari jet, $127.7 million in legal fees and merchandise, $125 million from Mar-a-Lago, $91 million in corporate deals, $40 million from a Hanoi hotel, $25 million from Truth Social, and $19.6 million tied to Donald Trump Jr. Sanders called the aggregate an example of “unprecedented kleptocracy.”

An earlier version of the charge, posted in 2025, cited $3 billion from crypto alongside media settlements. The updated April 2026 figure of $3.02 billion reflects valuations that have risen alongside a broader crypto market rally.

The Crypto Component

The bulk of the crypto figure is traced to World Liberty Financial, the Trump-backed decentralized finance (DeFi) platform whose WLFI token launched in late 2024. The project's USD1 stablecoin has grown 476.3% to a market capitalization of $4.186 billion, making it the sixth-largest stablecoin in the market. Trump family members hold significant allocations of the WLFI token.

Beyond World Liberty Financial, Trump-affiliated meme tokens and other crypto ventures have also contributed. Trump Jr. has publicly backed USD1’s expansion onto the Aptos blockchain, further extending the family's footprint in the sector.

World Liberty Financial has previously faced serious allegations. A Washington D.C.-based watchdog group accused the platform of selling WLFI tokens to entities with connections to sanctioned countries, including North Korea and Iran. Those claims led U.S. senators to press for a Department of Justice and Treasury investigation.

Political Reactions

Trump supporters argue that Sanders is conflating paper token valuations with actual cash received. X's AI assistant noted that the crypto figure “reflects market valuations from Trump-linked tokens and fundraising, not pocketed cash.” The post has reignited calls in Congress for tighter disclosure requirements on presidential financial holdings in crypto. Senators Elizabeth Warren and Jack Reed had previously pressed for a formal probe into World Liberty Financial, citing national security and financial risks.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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