Sen. Elizabeth Warren (D-Mass.) on Thursday took aim at President Donald Trump's cryptocurrency earnings, calling them "corruption" after financial disclosures revealed he made at least $1.4 billion from digital asset ventures in 2025.
"This is corruption, plain and simple — and Congress has a responsibility to stop it," Warren said in a post on X. She argued that the Clarity Act should prevent the president, vice president, members of Congress, senior administration officials, and their families from continuing to profit from crypto ventures.
The White House did not immediately respond to a request for comment on Warren's post.
Trump's Crypto Windfall Outpaces Public Rivals
Trump reportedly generated an estimated $1.4 billion in income from cryptocurrency ventures in 2025, exceeding the annual earnings of every publicly traded U.S. crypto company. The disclosures showed roughly $800 million came from World Liberty Financial, while the remainder came from the Official Trump memecoin and other digital asset ventures.
Gerber Kawasaki CEO Ross Gerber criticized Trump after more than one million investors lost money on Trump-linked crypto projects. Roughly two-thirds of wallets holding the Official Trump memecoin remain at unrealized losses.
Crypto Ventures Draw Fresh Scrutiny
Trump has defended his cryptocurrency earnings, saying there was "nothing illegal" or "wrong" with the ventures and reiterating that the U.S. should lead the world in digital assets. But his growing crypto business has become a recurring target for Democrats, who question whether the president's digital asset ventures and stock investments create conflicts of interest.
Earlier this week, Warren accused Trump of using the presidency to advance his family's cryptocurrency business after he signed the GENIUS Act into law.