Trump's Crypto Ventures Leave Investors $4.7 Billion Underwater
US President Donald Trump's digital asset ventures have resulted in estimated losses of $4.7 billion for investors since 2022, according to Public Citizen.
The nonprofit consumer advocacy organization claims that investors lost billions through the World Liberty Financial governance token, Trump's nonfungible token (NFT) trading cards launched in 2022, his memecoin Official Trump (TRUMP), and Trump Media's digital asset treasury.
Public Citizen reported that the bulk of the estimated losses came from investors in the TRUMP memecoin, with $3.2 billion lost, while buyers of World Liberty Financial's USD1 stablecoin 'haven't suffered major losses.'