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.”
The White House didn’t immediately return Benzinga’s request for comment.
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. (NASDAQ:ABTC), World Liberty Financial, and the Official Trump (CRYPTO: TRUMP) and Official Melania (CRYPTO: 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.
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.
Price Action: At the time of writing, WLFI, World Liberty Financial’s governance token, was exchanging hands at $0.07739, up 0.87% in the last 24 hours, according to data from Benzinga Pro. The TRUMP memecoin traded up 0.19% at $2.84 at last check.
American Bitcoin shares rose 1.59% in after-hours trading after closing 5.97% lower at $1.26 during Thursday’s regular trading session. Benzinga’s Edge Stock Rankings indicate declining medium- and long-term price momentum, with strength in the short term.
Photo Courtesy: Evan El-Amin on Shutterstock.com
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