Trump Crypto Ventures Haunt Investors with Estimated $4.7 Billion Losses
A US consumer advocacy group has estimated that investors have lost at least $4.7 billion in President Trump's cryptocurrency ventures.
The Public Citizen analysis covered several projects, including World Liberty Financial's governance token and Trump NFT Trading Cards, as well as the TRUMP memecoin and Trump Media's digital-asset business.
The group found that about $3.2 billion of the losses came from the TRUMP memecoin, while losses tied to the USD1 stablecoin were limited.