$4.7B Lost by Investors in Trump Crypto Ventures Since 2022

A recent report by Public Citizen has highlighted that investors have lost at least $4.7 billion through various Trump-linked crypto platforms since 2022.

The losses span across Donald Trump's NFT collections, memecoins, and the World Liberty Financial projects.

Notably, the TRUMP memecoin accounted for the largest share of losses, with investors seeing a loss of nearly $3.2 billion.

However, it is worth noting that this money hasn't simply disappeared, but was transferred to a relatively small group of early buyers who benefited as the token's value changed.

The report also highlighted World Liberty Financial, which has generated around $7.2 million in NFT licensing fees and royalties for the Trump family.