Bernie Sanders Accuses Trump Family of Making $4 Billion Off Presidency, $3 Billion from Crypto

Bernie Sanders Accuses Trump Family of Making $4 Billion Off Presidency, $3 Billion from Crypto

N
News Editor 01
2026-07-09 01:54:26
Senator Bernie Sanders claims the Trump family has profited $4 billion from the presidency since the second term, with over $3 billion traced to crypto ventures including World Liberty Financial and related tokens, reigniting bipartisan scrutiny.
Bernie SandersDonald TrumpcryptocurrencyWorld Liberty Financialpolitical controversy

Senator Bernie Sanders has publicly accused the Trump family of profiting $4 billion from the presidency, with more than $3 billion of that total attributed to cryptocurrency ventures. In a detailed post on X on April 24, 2026, Sanders presented a full breakdown of the alleged earnings, labeling the situation “unprecedented kleptocracy.”

Breakdown of the $4 Billion Claim

Sanders listed the following sources: $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 linked to Donald Trump Jr. The senator emphasized that the figures represent actual profits, not just paper valuations.

Crypto’s Dominant Role

The lion’s share of the crypto figure originates from World Liberty Financial, a Trump-backed decentralized finance (DeFi) platform whose WLFI token launched in late 2024. The project’s USD1 stablecoin has surged 476.3% to a market cap of $4.186 billion, making it the sixth-largest stablecoin. Trump family members hold substantial WLFI allocations. Additionally, Trump-affiliated meme tokens and other crypto ventures contributed to the mounting figure. Donald Trump Jr. has publicly backed USD1’s expansion onto the Aptos blockchain, extending the family’s crypto footprint.

World Liberty Financial has previously faced serious allegations. A Washington D.C.-based watchdog group accused the platform of selling WLFI tokens to entities connected to sanctioned nations, including North Korea and Iran. This prompted U.S. senators to call for a Department of Justice and Treasury probe into the platform’s dealings.

Political Backlash and Calls for Transparency

The $4 billion claim drew immediate pushback from Trump supporters, who argued that Sanders was conflating token market valuations with actual cash received. X’s AI assistant responded that “the crypto figure reflects market valuations from Trump-linked tokens and fundraising, not pocketed cash.” Nonetheless, the allegations have reignited Congressional demands for stricter disclosure requirements on presidential crypto holdings. Senators Elizabeth Warren and Jack Reed previously pressed the DOJ and Treasury for a formal investigation 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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