TechFlow, November 28 — According to Decrypt, a partisan report released by Democratic members of the House Judiciary Committee has accused President Trump and his family of leveraging White House authority to profit from cryptocurrency projects. The report claims the Trump family earned $800 million from cryptocurrency sales in the first half of 2025 alone and currently holds cryptocurrencies and stocks worth a combined $11 billion.
Jamie Raskin (D-MD), the report's lead author, said Trump turned the "Oval Office into the most corrupt crypto startup operation center in the world," while simultaneously rolling back regulations designed to protect retail investors. The report also alleges that the Trump administration terminated investigations into several major cryptocurrency firms and disbanded the Department of Justice’s National Cryptocurrency Enforcement Team.
The White House has not yet responded to the report.
