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- A new congressional report links the Trump family’s crypto ventures to major financial gains.
- Lawmakers say these activities threaten national security and undermine federal safeguards.
- The findings outline how foreign players and corporate allies gained influence through crypto deals.
According to the report, Rep. Jamie Raskin presented new findings on how former President Donald Trump and his family grew personal wealth through cryptocurrency ventures. The report states that the family built a vast financial network that stretched across foreign governments, corporate allies, and actors with criminal ties.
Raskin says the Trump household gained billions of dollars from these activities in less than a year. The report shows that the Trump family used political influence to shape the crypto landscape.
It links major profits to policy changes that removed oversight and weakened protections for investors. Raskin says these actions created the most significant financial conflict of interest ever linked to the presidency.
Crypto Firms With Foreign Ties Received Regulatory Relief
The report outlines how foreign groups invested large sums into Trump-linked crypto ventures. These groups include wealthy individuals, overseas corporations, and entities tied to foreign states. Their money flowed into projects such as World Liberty Financial and the $TRUMP token.
The report states that these investors sought direct access to the Administration through financial support. The report says these groups gained quick returns. They received regulatory relief, policy shifts, and favorable treatment from federal agencies. Key agencies closed investigations into major crypto firms that funneled money into Trump-connected companies.
The list covers Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken. These actions raised concern among lawmakers. They say the flow of foreign money created risks for national security and opened new channels of influence inside the federal government.
Trump Policies Tied to Major Family Crypto Windfall
The report shows how Trump and his family collected income of more than $800 million from crypto sales during the first half of 2025. Their holdings reached values of up to $11.6 billion. These profits came as the Administration pushed through major changes that reshaped financial supervision.
The White House dissolved the Justice Department’s National Cryptocurrency Enforcement Team. It also removed several investor protection rules that once limited fraud and financial abuse. The report links these steps to direct financial benefits for Trump and his family.
The findings also show how Trump granted pardons and lifted sanctions for individuals who supported his ventures. Lawmakers say these actions set a dangerous precedent and weakened the rule of law.
Raskin’s report warns that the rapid enrichment of the Trump family exposes major gaps in campaign finance, conflict-of-interest, and anti-bribery rules. Lawmakers say Congress must introduce reforms to protect the presidency, restore accountability, and strengthen federal oversight.
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