The Democratic Party released a report accusing Trump of amassing wealth through cryptocurrency, profiting $800 million in the first half of 2025

According to Decrypt, a strongly partisan report released by House Judiciary Committee Democrats accuses Trump of using the White House to enrich himself and his family through cryptocurrency. The report claims that Trump and his family engaged in a "cryptocurrency scam" to profit $800 million in the first half of 2025. Currently, the total value of cryptocurrencies and stocks held by the Trump family has reached $11 billion, doubling the family's wealth in less than a year. Foreign entities have made significant investments in the Trump family's issued tokens or made political donations in exchange for favorable policies and regulatory relief from the White House.

Specific examples cited in the Democratic report include Trump granting clemency to BitMEX founder Arthur Hayes (March 2025) and Binance founder CZ (October 2025), as well as terminating investigations into several leading cryptocurrency companies such as Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken. The report also mentions the disbanding of the Justice Department's "National Cryptocurrency Enforcement Team" and the repeal of investor protection regulations like the executive order on "Ensuring Responsible Development of Digital Assets" signed during the Biden administration.

The core conclusion of the Democrats is that Trump has turned the "Oval Office into the world's most corrupt cryptocurrency startup," and his so-called "pro-cryptocurrency policies" are essentially a self-enrichment scheme for the Trump family, built on "pay-to-play" and corrupt foreign interests.