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Trump’s $1.4 billion crypto earnings draw fresh scrutiny from Democratic Sen. Warren

Senator Warren requests 2026 reporting for Trump’s crypto earnings
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Senator Elizabeth Warren has called on President Donald Trump to release an updated financial disclosure detailing his cryptocurrency earnings, arguing that lawmakers need a clearer picture of his holdings as the Senate weighs major digital-asset legislation.

In a July 16 letter, Warren asked Trump to voluntarily provide a comprehensive report covering his finances through July 15 and to publish it by July 23.

The Massachusetts Democrat, who serves as the ranking member of the Senate Banking Committee, said the disclosure was necessary to assess potential conflicts of interest tied to the administration’s approach to crypto regulation.

Warren’s request follows the June release of Trump’s annual public financial disclosure for 2025. Citing that filing, she said the president earned roughly $1.4 billion from cryptocurrency ventures during the year, more than twice his reported total income in 2024.

The senator said crypto-related businesses now account for the majority of Trump’s income, raising questions about whether legislation designed to expand or clarify the US digital-asset market could also increase the value of assets held by the president and his family.

Warren flags millions flowing through Trump-linked crypto firms

The letter highlighted the Trump family’s 30 percent ownership stake in DT Marks Defi LLC. According to the disclosure cited in the letter, the company’s assets include Coinbase accounts valued at more than $100 million and a 38.25 percent interest in WLF Holdco LLC.

WLF Holdco owns World Liberty Financial, the crypto business Trump launched with his sons. Warren said DT Marks Defi alone received more than $590 million in income during 2025.

Trump’s USD 1.4 billion crypto earnings draw fresh scrutiny from Democratic Sen. Warren
June filing lists World Liberty-linked crypto wallets, token-sale proceeds and income from equity sales. Source

The filing also lists an indirect family stake in Stablecoin Holdco LLC, described as Trump’s stablecoin business, further expanding the family’s exposure to the sector.

Warren seeks a fuller picture of Trump’s crypto earnings

Trump is not required to submit his 2026 annual financial disclosure until May 15, 2027, meaning the latest public filing does not capture transactions or changes made in recent months.

Warren argued that the timing of the disclosure request is critical because the Senate is considering legislation that could reshape the structure of US crypto markets, warning that any bill passed without strong ethics safeguards could benefit federal officials who hold financial interests in the industries they regulate.

Warren said Congress should not have to debate sweeping crypto rules using financial information that may already be outdated, arguing that an updated disclosure would allow lawmakers to evaluate the legislation alongside the president’s current financial exposure and determine whether stronger conflict-of-interest protections are needed.

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