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Sen. Elizabeth Warren (D-Mass.) renewed her attack on President Donald Trump’s cryptocurrency interests Thursday, arguing that his wealth is tied to an industry his administration is reshaping.

Warren Targets Trump’s Growing Crypto Wealth

“Trump owns ~$1 billion in cryptocurrency. Meanwhile, his administration shapes crypto policy. The President shouldn’t be getting rich off his own policy decisions,” Warren wrote on X.

Trump owns ~$1 billion in cryptocurrency.

Meanwhile, his administration shapes crypto policy.

The President shouldn’t be getting rich off his own policy decisions.

— Elizabeth Warren (@ewarren) August 27, 2026

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Warren did not explain how she calculated the roughly $1 billion figure. Trump’s 2025 financial disclosure showed his companies generated more than $1.4 billion from crypto ventures, including more than $520 million from World Liberty Financial token sales and over $635 million from Official Trump memecoin royalties.

The filing showed Trump retained 15.75 billion World Liberty governance tokens valued above $50 million, while Trump-affiliated companies held as much as $160 million in Bitcoin and Ethereum at the end of 2025.

Trump has defended the earnings. “There’s nothing illegal, there’s nothing wrong with it,” he said in July.

Benzinga reached out to the White House for comment on Warren’s comments but did not receive an immediate response.

Watchdog Says Investors Lost Billions

Warren’s latest criticism coincided with a Public Citizen report estimating investors in Trump-linked crypto products are at least $4.7 billion underwater while Trump made at least $1.4 billion from crypto in 2025. The watchdog stressed most losses remain unrealized.

See Also: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time

Public Citizen estimated $3.2 billion in losses tied to the TRUMP memecoin, at least $1 billion involving World Liberty’s WLFI token and about $450 million in paper losses on Trump Media and Technology Group Corp.’s Bitcoin holdings.

Crypto Policy Fuels Conflict Questions

The policy backdrop has sharpened Warren’s criticism. Trump last week hosted cryptocurrency executives at the White House and urged Congress to pass a “fair version” of the Clarity Act, which would establish clearer federal rules for digital assets. Reuters reported his administration has also implemented federal stablecoin rules while scaling back some Justice Department and Securities and Exchange Commission crypto enforcement.

The White House has previously rejected conflict-of-interest allegations. Spokesperson Anna Kelly told Reuters in June, “Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” adding Trump made the U.S. “the crypto capital of the world.”

Warren, who recently called Trump’s $1.4 billion crypto windfall a “scam”, has pressed for ethics safeguards preventing senior officials from profiting from industries they help regulate.

Photo Courtesy: Bryan J. Scrafford on Shutterstock.com

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