Bernie Sanders and Elizabeth Warren Expose Trump Family’s $4 Billion Crypto Payday From the Presidency
Senators Bernie Sanders and Elizabeth Warren are calling out the Trump family for raking in a staggering $4 billion tied to the presidency, with over $3 billion coming from shady crypto deals. Their criticism zeroes in on World Liberty Financial, the Trump-linked crypto project accused of insider favoritism and exploiting political power for personal gain.
Senators Bernie Sanders and Elizabeth Warren are turning up the heat on the Trump family’s profiteering from the presidency, spotlighting a jaw-dropping $4 billion haul — most of it from cryptocurrency ventures.
Sanders bluntly stated that Donald Trump and his family have pocketed roughly $4 billion through business activities linked to his time in office, with more than $3 billion stemming from crypto projects. “What about having a president who wants to improve the financial well-being of ALL Americans, not just his own family and fellow oligarchs,” Sanders tweeted, framing the issue as a stark choice between public service and self-enrichment.
Warren echoed this outrage, slamming weak crypto regulations that fail to curb presidential profiteering. On X (formerly Twitter), she called out the Trump family’s crypto project for “quietly cashing in while regular investors got stuck holding the bag.” She warned that any legislation that doesn’t shut down this corruption and protect everyday investors “isn’t worth the paper it’s written on.”
At the center of this controversy is World Liberty Financial (WLFI), a Trump-linked crypto venture that reportedly raised over $550 million through token sales. Investigations reveal that WLFI sold an additional 5.9 billion tokens to undisclosed private investors on terms critics say heavily favored insiders. There are also concerns about a future unlock of approximately 62 billion tokens, which could let early investors or insiders cash out massive holdings later — a classic pump-and-dump setup.
This crypto hustle fits a broader pattern of the Trump family weaponizing the presidency to boost their wealth. New Yorker writer David Kirkpatrick documented that Trump’s financial situation improved dramatically within six months of his second term, with nearly $4 billion generated in about a year through ventures tied to his time in office.
World Liberty Financial’s token sales represent a glaring example of how the Trump family has exploited unregulated financial instruments and political influence to enrich themselves at the expense of ordinary investors. The White House has yet to respond to these allegations.
This story underscores the urgent need for robust regulations that close loopholes enabling presidential corruption and protect the public from financial schemes rigged for the powerful few. As Sanders and Warren make clear, the presidency should serve all Americans — not bankroll a billionaire family’s crypto empire.
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