Trump-Linked Crypto Ventures Leave Investors $4.7 Billion Underwater

Public Citizen has released an analysis estimating that investors in cryptocurrency ventures linked to U.S. President Donald Trump and his family are at least $4.7 billion underwater.

The estimate covers various assets, including Trump's NFT trading cards, the Official Trump memecoin, World Liberty Financial's WLFI governance token, USD1 stablecoin, and the digital asset treasury operated by Trump Media.

The largest portion of the estimated losses came from TRUMP, with investors down around $3.2 billion on the memecoin, although much of this represents unrealized losses rather than money already crystallized through sales.

Public Citizen is using these findings to push for ethics provisions in the Digital Asset Market Clarity Act, arguing that federal crypto policy cannot be separated from the president's continuing financial interests in the sector.