Trump-Linked Crypto Ventures Cause $4.7B in Investor Losses
A recent report from Public Citizen claims that crypto ventures linked to Donald Trump and his family have led to at least $4.7 billion in losses for investors since 2022.
The largest share of these losses comes from the TRUMP token, totaling an estimated $3.2 billion. Approximately one million wallets holding TRUMP tokens are currently in unrealized loss.
Other token projects, including WLFI and those linked to Trump Media, also contributed to the collective losses, with WLFI alone estimated to have cost investors about $1 billion.