Democrats Release Report Accusing Trump of Amassing Wealth Through Cryptocurrency, Profiting $800 Million in the First Half of 2025
BlockBeats news, on November 28, according to Decrypt, Democratic members of the House Judiciary Committee released a strongly partisan report accusing Trump of using the White House to amass wealth through cryptocurrency for himself and his family. The report states that Trump and his family engaged in a 'cryptocurrency scam' from the presidential position, profiting $800 million in the first half of 2025. Currently, the total value of the cryptocurrency and stocks held by the Trump family has reached $11 billion, doubling the family's wealth in less than a year. Foreign entities are making large investments in tokens issued by the Trump family or making political donations in exchange for favorable policies and regulatory loosening from the White House.