Hunter Biden heavily criticized Trump’s crypto ventures during the Unchained podcast on October 1, 2026, describing World Liberty Financial and the TRUMP memecoin as a “Mount Everest of corruption”. He accused the TRUMP memecoin of causing approximately $3.8 billion in losses to nearly one million wallets, with the token dropping 97% since its January 2025 launch. In retaliation, Biden launched his own token called LAPTOP on September 9, 2026, with 20% of its supply airdropped to investors who lost money on TRUMP. Trump’s 2025 financial disclosures reveal that his crypto ventures generated approximately $1.4 billion in revenue, with $592 million coming from WLF alone. World Liberty Financial received preliminary approval in August 2026 for a national trust bank charter, paving the way for integration into the regulated banking sector.
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