House Report Alleges Trump Administration Tied US Policy to $11.6 Billion Crypto Empire
A House report alleges the Trump administration traded US policy favors for investments in the family's $11.6 billion crypto empire.Summary
A November 2025 report released by House Judiciary Committee Democrats alleges that the Trump administration tied US policy decisions to the Trump family's rapidly growing $11.6 billion cryptocurrency holdings, fueled by foreign investment.
The report details several Trump family crypto ventures, including World Liberty Financial (WLF), the USD1 stablecoin, and the TRUMP meme coin, which allegedly attracted substantial investments from foreign actors, including Tron founder Justin Sun and entities linked to Chinese state-backed groups and the UAE royal family. In exchange for investments, the administration allegedly reduced regulatory enforcement, halted investigations into major crypto firms like Coinbase and Ripple, and pardoned figures like Binance founder Changpeng Zhao (CZ).
Specific policy changes cited include the repeal of a Biden-era Executive Order, the creation of a Strategic Crypto Reserve, and the disbanding of the DOJ's National Cryptocurrency Enforcement Team (NCET). Investigators warn that these actions expose flaws in US anti-corruption laws and raise concerns under the Foreign Emoluments Clause, calling for urgent reforms to address foreign influence and self-enrichment.
(Source：BeInCrypto)