Trump Family Profited $2.3 Billion From Crypto While Investors Lost the Same Amount

A Reuters investigation found that President Donald Trump and his sons have earned at least $2.3 billion from four crypto ventures since he returned to office, while more than a million investors collectively lost roughly the same amount. Each project followed a similar structure: the Trumps put little of their own money in, family members promoted the venture heavily, and buyers absorbed the losses once prices fell.

World Liberty Financial Leads the Earnings

The flagship venture, World Liberty Financial, has funneled over $1.6 billion to the family through governance token sales and related deals, even as its token price dropped sharply from its debut level. Investors were later blocked from fully cashing out until 2030, fueling frustration among early buyers, including one who called the lockup arrangement unfair.

Meme Coin and Public Companies Followed Similar Path

The $TRUMP meme coin generated about $616 million for the family while buyers lost more than $700 million. Two Nasdaq-listed ventures tied to the family, American Bitcoin and AI Financial Corp, also saw sharp share price declines after early promotion, leaving retail investors with steep losses despite the Trumps’ minimal financial exposure.

Ethics Experts Flag Unprecedented Conflict of Interest

Multiple government ethics experts described the arrangement as legal but unlike anything seen from a sitting president’s family, noting the Trumps profited from an industry the administration itself regulates.