Sen. Elizabeth Warren (D-Mass.) is turning up the heat on cryptocurrency regulation, arguing that a bill headed for a Senate vote needs to include provisions that would stop President Donald Trump and his family from cashing in on digital assets. Her push comes after new financial disclosures revealed Tuesday that Trump's crypto ventures generated over $1 billion in income in 2025.
Warren said the Clarity Act, which is eligible for a full floor vote in the Senate, must be strengthened to prevent Trump and his family from profiting from crypto. She tweeted: "The crypto legislation heading to the Senate floor must stop the President and his family from continuing to profit off crypto."
Wall Street financier Steve Rattner also weighed in, highlighting what he called the "Trump family's White House self-dealing." He noted that World Liberty Financial, the crypto venture launched by Don Jr. and Eric Trump alongside Steve Witkoff's sons, has netted a fortune for both families — at least $1.1 billion.
Not everyone thinks this is a good look for crypto. Lawrence Lepard, an investment manager and Austrian economist, said the disclosure doesn't paint a pretty picture and could have serious consequences if Democrats regain power. He pointed out that some Trump-related tokens have lost significant value, with Trump Coin and Melania Coin down 99% from their peaks. "The price we paid for having a crypto friendly President was high. Not a good look and has bad implications if Blue Team regains power," Lepard said.
Former Trump White House lawyer Ty Cobb was even more blunt, calling the president's crypto fortune "the greatest onslaught of corruption in the history of mankind."
So just how much money are we talking about? According to the financial disclosure released Tuesday, Trump's cryptocurrency ventures netted him roughly $1.2 billion in 2025 — his first year back in office. That includes over $520 million from the sale of tokens issued by World Liberty Financial and more than $635 million in royalties from the Official Trump (CRYPTO: TRUMP) memecoin. The filing also disclosed $1.8 million in validator rewards from staking Ethereum (ETH), and lists Bitcoin (BTC) holdings of over $50 million in a cold wallet.
The White House didn't immediately return MarketDash's request for comment.
