Trump Crypto Ventures Suffer $4.7 Billion in Investor Losses

A U.S.-based consumer advocacy group has estimated that crypto ventures tied to Donald Trump and his family have resulted in investor losses of at least $4.7 billion. Public Citizen, a non-profit organization focused on challenging corporate influence over government, released a report on August 27 detailing the losses across five products: Trump Digital Trading Cards NFTs, the $TRUMP meme coin, the World Liberty Financial $WLFI token, the USD1 stablecoin, and Trump Media's digital-asset treasury.

The report found that the $TRUMP meme coin accounts for the largest share of losses, with Public Citizen estimating that buyers are down about $3.2 billion. Analytics firm Nansen discovered that roughly one million out of 1.6 million Solana wallets that purchased the token are underwater, while the top 1% of winning wallets captured approximately $2.7 billion, or 80% of all gains.

The report also noted that earlier Trump NFT trading-card collections have shed about 76% of what buyers originally paid. Additionally, Public Citizen estimated that the $WLFI governance token has cost investors at least $1 billion, led by a paper loss at AI Financial Corporation, which rebranded into a World Liberty Financial treasury vehicle.

The losses are largely unrealized, but the group urges lawmakers to consider barring officials and their families from issuing or profiting from digital assets. Trump reported at least $1.4 billion in income from crypto businesses in his 2025 financial disclosure, while buyers of the USD1 stablecoin have not suffered major losses as it retained its dollar peg.