$4.7 Billion Lost in Trump's Crypto Schemes, Report Finds
Investors have suffered estimated losses of $4.7 billion due to Donald Trump's crypto ventures, according to a report from Public Citizen.
The report analyzed four primary products offered by the Trump Organization: $TRUMP meme coin, World Liberty Financial's $WLFI governance token, Trump Media's digital-asset treasury, and Trump Digital Trading Cards. The $TRUMP meme coin was found to be responsible for the largest loss, with investors losing an estimated $3.2 billion.
The report also revealed that foreign governments, corporations, and individuals with ulterior interests were among those who invested in Trump's crypto schemes.