On Thursday, Sen. Bernie Sanders (I-Vt.) and Sen. Elizabeth Warren (D-Mass.) turned up the heat on President Donald Trump's family business dealings, accusing them of using crypto ventures and political influence to pocket billions.

Warren took to X to slam Trump-linked crypto activity, arguing that any legislation that doesn't stop presidential profiteering "isn't worth the paper it's written on." She pointed to a specific example: "The Trump family crypto project quietly cashed in while regular investors got stuck holding the bag."

Sanders went further, alleging that Trump and his family have generated roughly $4 billion through business activities tied to his presidency—including more than $3 billion from cryptocurrency ventures. "What about having a president who wants to improve the financial well-being of ALL Americans, not just his own family and fellow oligarchs," he wrote.

The controversy centers on World Liberty Financial (WLFI), a Trump-linked crypto project that has reportedly raised over $550 million through token sales. But the project is facing backlash after reports that it sold an additional 5.9 billion tokens to undisclosed private investors under terms that critics say may have disproportionately favored insiders. Observers are also worried about a future unlock of approximately 62 billion tokens, which could allow early investors or insiders to cash out big later.

This isn't the first time Trump's finances have been under the microscope. New Yorker writer David Kirkpatrick previously noted that Trump entered both his first and second terms under mounting financial pressure. But Kirkpatrick's analysis found that within roughly six months of Trump's second term, the president's financial outlook had improved dramatically. Based on conservative estimates, Kirkpatrick reported that Trump and his family generated nearly $4 billion in about a year through ventures tied to his time in office.

The White House did not immediately respond to a request for comment.