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Witkoff Reports $107 Million Income From Crypto Holding, Ethics Filing Shows

Kevin Lamarque/Reuters

Kevin Lamarque/Reuters

What Happened

Steve Witkoff, Trump's special envoy, reported $107 million in 2025 from a holding company that owns his stake in a joint crypto project, an Office of Government Ethics filing shows. The sum is a rise from $34 million in 2024, and the filing lacks a detailed breakdown.

What Happened

Steve Witkoff, Trump's special envoy, reported $107 million in 2025 from a holding company that owns his stake in a joint crypto project, an Office of Government Ethics filing shows. The sum is a rise from $34 million in 2024, and the filing lacks a detailed breakdown.

Timeline

September 09, 2026

Political Scrutiny Intensifies: The jump in Witkoff's wealth and his ties to World Liberty Financial—whose international investment, including from the Middle East, and recent preliminary approval to operate as a bank have drawn attention—have intensified criticism and calls from Democratic senators for the envoy to divest; reports also note Trump's own reported earnings from WLFI.

September 09, 2026

Filing Lacks Asset Breakdown: The ethics declaration did not provide an exact breakdown of income from the holding's individual assets or specify how much came directly from World Liberty Financial, while administration spokespeople said transfer and sale procedures were underway but not yet completed.

September 09, 2026

Office Of Government Ethics Filing: An official report published by the U.S. Office of Government Ethics revealed details of Witkoff's financial condition, showing total assets estimated at no less than $408.7 million and a holding company that includes luxury resorts, golf courses, hotel management and residential properties.

Summaries by Ground AI

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