Trump Family Turns Crypto Playbook Into Multibillion-Dollar Windfall, Investors Lose Billions
Reuters finds four Trump-affiliated crypto ventures that required little upfront risk for the family generated about $2.3 billion in profits for the Trumps while leaving investors with roughly the same amount in losses, through World Liberty Financial, ALT5 Sigma/AI Financial, American Bitcoin, and the $TRUMP meme coin; high-profile promotions by Eric Trump and Donald Trump Jr. helped drive sales, and token lockups or listings kept profits flowing to the family even as crypto prices declined.
