Trump's Crypto Ventures Leave Investors with Estimated $4.7 Billion in Losses

A nonprofit consumer advocacy organization has estimated that US President Donald Trump's involvement in various digital asset ventures has left investors at least $4.7 billion underwater since 2022.

The losses were attributed to the president's and his family's investments in World Liberty Financial governance token, nonfungible token (NFT) trading cards launched in 2022, memecoin Official Trump (TRUMP), and Trump Media's digital asset treasury.

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,' according to Public Citizen.

Trump earned an estimated $7.2 million from NFT licensing fees and royalties, more than $600 million from World Liberty token sales and selling an equity stake, $635 million in licensing fees for his memecoin, and $197 million in revenue from capital contributions to World Liberty.