Trump's Crypto Schemes Leave Investors Reeling with Over $4.7 Billion in Losses
A government watchdog has found that President Donald Trump's cryptocurrency schemes have left investors on the hook for over $4.7 billion in losses.
The report by Public Citizen estimates that the majority of these losses came from investments into Trump's personal meme coin, which peaked at over $73 per token two days after its launch in January 2025.
However, since then, its value has completely cratered and it is currently trading in the $2 range. Early investors made a killing on the coins while most others racked up losses totaling at least $3.2 billion.
The report also highlighted the damage done by governance tokens issued by World Liberty Financial, the cryptocurrency venture co-founded by Donald Trump Jr. and Eric Trump in 2024.