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Senator Elizabeth Warren has labeled President Donald Trump the “most corrupt” president in US history. Her comments focus on his crypto ventures, high-dollar CEO dinners, removal of watchdogs, and a pledge to pardon former Honduran president Juan Orlando Hernández.
In a post on X on November 30, Warren listed what she sees as a pattern of corruption. She cited the president’s Official Trump memecoin, “multi-million dinners” with chief executives, the firing of officials who oversaw corruption probes, and large tax cuts for billionaires.
Trump-linked tokens surged in value after their launch in January 2025, then lost most of their peak price. Analyses show the Official Trump coin has dropped more than 80% from its high, leaving late buyers with steep losses. Warren has led inquiries into Trump- and Melania-branded coins, warning that presidential memecoins could enable foreign influence and direct cash flows to the White House.
Her statement extends earlier efforts to frame Trump’s crypto involvement as a corruption risk rather than a simple policy dispute. She argues that direct financial ties between a sitting president and highly speculative tokens create unique pressure on regulators and lawmakers.
Warren’s latest criticism coincides with Trump’s administration facing broader questions over ethics and conflicts of interest in his team. A recent New York Times investigation examined how White House AI and crypto czar David Sacks, Trump’s White House adviser on artificial intelligence and cryptocurrency, could benefit from policies that affect hundreds of his tech investments.
The report said Sacks holds more than 700 technology stakes, including hundreds in AI firms, while he helps shape policy on chips, data centers, and crypto rules.
Sacks rejects those conclusions. In a post on X, he called the story “NYT’S HOAX FACTORY” and said he followed instructions from federal ethics officials, including divesting many AI and crypto assets.
He released a letter from his lawyers accusing the reporters of mischaracterizing his disclosures and saying his remaining holdings comply with federal rules.
Critics say the Sacks case and Trump’s personal crypto portfolio expose gaps in federal ethics rules for digital assets. They argue that the current law still allows large holdings in areas directly affected by White House decisions. Supporters counter that private-sector experience helps officials understand complex markets such as digital assets and artificial intelligence and can improve policy design.
Also Read: Elizabeth Warren Criticizes Trump’s Plan to Add Crypto in 401(k) Accounts
Trump’s promise to pardon former Honduran president Juan Orlando Hernández has created another concern about his stance on corruption. A New York jury convicted Hernández in 2024 of helping traffickers move large cocaine shipments through Honduras, and a judge sentenced him to a 45-year prison sentence.
Trump said on Friday that “people he respects” told him Hernández received unfair treatment and that he plans to grant a pardon. Senator Tim Kaine, a Democrat from Virginia and long-time critic of Hernández, called the decision “shocking” and said it shows Trump does not take narcotrafficking crimes seriously.
Hernández’s family welcomed Trump’s comments and repeated their claim that drug traffickers fabricated evidence in retaliation for his policies. Warren and other critics say the case illustrates how Trump’s use of the pardon power, his crypto projects and his allies’ financial interests all shape concerns about corruption.
