Witkoff's $107M Paycheck Rattles Crypto Regulation Hopes
Steve Witkoff's financial disclosure for 2025 shows he earned $107 million from his dual roles as special envoy for peace in the Trump administration and co-founder of World Liberty Financial (WLFI), a crypto company with ties to the Trump family.
The figure represents a significant increase from the $34 million Witkoff disclosed the previous year. WLFI operates in the digital asset space, issuing tokens including a governance token and a stablecoin called USD1. Zach Witkoff, Steve's son, serves as CEO.
The conflict-of-interest problem has been flagged by past disclosures, which have shown ongoing divestment discussions but no clean separation. With crypto-related holdings among Trump administration officials under increased scrutiny in 2026, World Liberty Financial sits at the center of that attention due to its fusion of family wealth, political brand, and digital asset issuance.
The USD1 stablecoin issued by WLFI is an area to watch as it relates to US crypto regulation. Congressional proposals are circulating that would create a federal licensing framework for stablecoins like USD1.