Trump's Crypto Ventures Leave Investors $4.7 Billion in the Red
A report by Public Citizen claims that US President Donald Trump's digital asset ventures have left investors at least $4.7 billion underwater since 2022.
The nonprofit consumer advocacy organization points to the president's nonfungible token (NFT) trading cards, launched in 2022, his memecoin Official Trump (TRUMP), and World Liberty Financial's governance token as examples of Trump's crypto schemes.
The bulk of the estimated losses came from investors in TRUMP, with $3.2 billion lost, according to Public Citizen.