Trump Family's Crypto Boom: Is Transparency Enough?
A Surge in Crypto Revenue
The Trump Organization has experienced a huge jump in revenue from cryptocurrency sales. In the first half of 2025 alone, they earned over $800 million from crypto assets, primarily from their World Liberty tokens. This is a dramatic increase compared to the $51 million they made in all of 2024.
Concerns Over Foreign Investment
Some observers are worried about the source of this money. Legal experts suggest that foreign investors might be purchasing these tokens to gain favor with the president. Although the Trump family transferred control of the business to Donald Jr. and Eric before Trump's return to the presidency, critics still have questions.
Defending the Trump Family
Rep. James Comer (R-Ky.) defended the Trump family, stating that they are transparent about their crypto earnings. He compared their situation to the Biden family's dealings, arguing that the Trumps are at least acknowledging their activities. Comer also called for ethics reforms but believes that disclosing income and sources is sufficient.
Criticism and Controversy
Not everyone agrees with Comer. Some critics have called his defense "disgusting" and argue that the situation demonstrates blatant corruption. They contend that earning significant sums from crypto, especially in an unregulated market, is not acceptable simply because it is publicly disclosed.
The Regulation Debate
Comer acknowledged that many people are concerned about the lack of regulation in the crypto industry. However, he maintains that as long as the president discloses income and answers questions, the situation remains acceptable.