(Editor’s note: The story has been updated to include White House’s response.)

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.”

A White House spokesperson told Benzinga that Trump’s assets are held in a trust managed by his children and rejected any claims of conflict of interest.

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.”