Trump Used White House’s Power to Advance Family Crypto Ventures: Report
Democrats allege former President Donald Trump leveraged federal influence to boost his family's cryptocurrency ventures, according to a House Judiciary Committee report. The investigation claims the Trump family gained approximately $800 million from token sales in early 2025, highlighting oversight gaps that enabled rapid wealth accumulation.
Lawmakers identified a pattern where political access and financial gain intersected, particularly through ventures like WLFI. The report scrutinizes administration policies on crypto enforcement, fraud prevention, and digital asset regulation, suggesting these frameworks disproportionately benefited the Trump family while weakening consumer protections.
Concerns extend to foreign ties, with the report implying geopolitical risks from the family's crypto dealings. The findings emerge amid broader debates about regulatory fairness and the role of political connections in emerging markets.
