Trump's Crypto Empire Exposed: Experts Sound Alarm on Constitutional Concerns
President Donald Trump and his family's cryptocurrency dealings have sparked alarm among experts, who warn that it is exploding into a major problem. According to a recent New York Times piece, Trump's crypto business has netted him at least $1 billion in 2025, with estimates suggesting the figure could be as high as $1.4 billion.
Expert Thomas Edsall called Trump's crypto dealings 'the sleaziest' aspect of his post-reelection grifts and warned that it may be unconstitutional and illegal. Edsall cited a cryptocurrency analytics firm that reported the Trumps made at least $1.4 billion, while their investors lost nearly $4 billion from purchases of Trump-linked crypto.
Molly White, an independent analyst, echoed Edsall's concerns, stating that 'while it’s challenging to definitively prove a quid pro quo, the sheer number of times an individual or company has supported Trump’s campaign or invested in his crypto businesses and then quickly enjoyed favorable policy treatment or regulatory relief is so long it’s hard to believe it’s all coincidence.'
Eswar Prasad, a professor at Cornell University, called Trump's crypto ventures 'a blatant and gargantuan conflict of interest.' He noted that the Trump family has been brazen in their pay-for-play approach to the sector, with crypto executives receiving access to the president and top officials, favorable regulatory rulings, and even pardons when convicted of crimes.
Nicholas Weaver, a senior research scientist at Berkeley’s International Computer Science Institute, succinctly summed up why Trump's crypto dealings are explicitly harmful to other investors in the space: 'Everything in cryptocurrency is zero-sum at best and negative-sum in most of the cases, so every $ ‘made’ by someone comes at someone else’s expense.'