Trump Family Prepares to Offload Crypto Holdings Worth Over $20 Billion
According to recent reports, President Donald Trump and his family are taking steps to cash out their crypto holdings in World Liberty Financial (WLFI). The move comes as a surprise to some, but experts say it's not unexpected given the Trumps' history of leveraging crypto for personal gain.
The WLFI token holders approved a governance proposal that allowed the founders to 'burn' 10% of their holdings. However, experts claim this was an optional move and not a necessary step. The contract also starts a waiting period, which will eventually allow those holding WLFI tokens to sell them on the market.
The Trump family's crypto grift has been under scrutiny for some time, with many accusing them of using their position to enrich themselves. In 2025 alone, President Trump made over $2.2 billion in crypto-related profits. However, this wealth is only valuable if it can be spent or converted into other assets.
The move has raised concerns about the corrupting influence of power and the potential for future presidents to engage in similar practices. Public Citizen's Zach Everson stated that 'it has never been clear what World Liberty Financial was supposed to do other than enrich the Trumps.'