Trump Family’s Crypto Holdings Balloon as Offshore Millions Flood In
Political dynasties moonlighting as crypto whales? The Trump clan’s digital asset portfolio is now bulging with foreign-sourced investments—just as regulators start asking questions about ’coincidental’ timing.
• Offshore billions find cozy home in Trump-linked wallets
• Meme coins and ’patriot tokens’ outperform blue chips
• Compliance officers develop sudden migraines
Another masterclass in leveraging fame for financial engineering—because nothing says ’drain the swamp’ like becoming its most luxurious resident.
Proximity to Trump matters
World Liberty’s website reveals just how close the Trumps are to the operation: a family-affiliated entity owns a 60% stake and holds 22.5 billion $WLF tokens.
But it’s not solely a family matter. Trump’s White House Crypto Czar, David Sacks, is poised to profit from the USD1 stablecoin’s custodial deal with BitGo — a company in which he still holds a stake.
Sacks, per the State Democracy Defenders Action, was allowed to keep his BitGo ownership thanks to a March 5 conflict-of-interest waiver from the White House Counsel. He’s not alone: Trump’s Middle East Envoy, Steven Witkoff, is also listed as a co-founder of WLFI, alongside the president’s two sons, though the details of their financial involvement remain unclear.
Also in the mix is Justin Sun, one of the top entrepreneurs in the crypto sector, who first purchased $30 million in $WLFI just weeks after Trump won the 2024 presidential election.
That purchase allowed a Trump-affiliated holding company called DT Marks DEFI LLC to receive “75% of the net protocol revenues. ” It’s unclear how much of the MGX deal will benefit Trump, though “a lot” feels like a SAFE bet.
As Trump’s crypto empire expands, so does concern over conflicts of interest. His administration has gradually loosened oversight of the digital asset industry — raising questions about whether crypto cronyism is running rampant.
So far, the Trump administration’s U.S. Securities and Exchange Commission has dropped numerous lawsuits and investigations against crypto and blockchain companies, including Dragonchain, Coinbase, Gemini, Uniswa and Ripple.
Or to put it another way: the president’s crypto strategy might be less about decentralization and more about consolidation — of wealth, influence, and dinner invitations to Mar-a-Lago.
