President Donald Trump’s financial disclosure came at a bad time for the crypto industry—depending on who you ask. Last week, documents revealed that crypto business entities associated with Trump and his family raked in $1.4 billion in income in 2025, pushing Democrats in Congress to respond with alarm. In a post on social media, Sen. Adam Schiff (D-Calif.) alleged that the commander-in-chief was “blatantly profiteering off the presidency.”
(“Neither the president nor his family has ever engaged—or will ever engage—in conflicts of interest,” Anna Kelly, a White House spokeswoman, told Fortune.)