(Editor’s note: The story has been updated to include White House’s response.)
Sen. Bernie Sanders (I-VT) sharply criticized the Trump family’s reported profiteering from cryptocurrency and other deals on Thursday.
Sanders Spotlights Old Report On Trump Family’s Deals
Sanders referenced a January article by The New Yorker, estimating $4.05 billion in gains for the first family of the U.S. through cryptocurrency investments, Persian Gulf deals, Qatari jet deal and other sources such as Mar-a-Lago events and Truth Social.
Sanders denounced these deals as “unprecedented kleptocracy.”
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A White House spokesperson told Benzinga that Trump’s assets are held in a trust managed by his children and rejected any claims of conflict of interest.
The Trump family has made $4 billion off the presidency.
Crypto: $3.02B
Persian Gulf deals: $425.8M
Qatari jet: $150M
Legal fees/merch: $127.7M
Mar-a-Lago: $125M
Corporate deals: $91M
Hanoi hotel: $40M
Truth Social: $25M
Don Jr: $19.6MUnprecedented kleptocracy.
— Bernie Sanders (@BernieSanders) April 23, 2026
The Crypto Effect?
The January article followed up on the August 2025 report, which pegged the Trump family’s crypto profits at about $2.36 billion from ventures such as American Bitcoin Corp., World Liberty Financial, and the Official Trump and Official Melania memecoins.
The January article reported that the Trumps’ cryptocurrency gains surged by $646 million to $3.013 billion, boosting their total gains to $4.05 billion.
See Also: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time
Of the $646 million, 86% came from the World Liberty Financial project, which lists Trump’s sons as co-founders. World Liberty’s disclosures show 75% of WLFI token sales flow directly to a Trump entity.
Criticism Mounts
Beyond Sen. Bernie Sanders, Sen. Elizabeth Warren (D-Mass.) has sharply criticized the Trump family’s cryptocurrency ventures, labeling them a “superhighway of crypto corruption.”
Last year, she pressed Treasury Secretary Scott Bessent to open a federal investigation into Trump’s crypto-related activities.
Photo Courtesy: Evan El-Amin on Shutterstock.com
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