💥 Public Citizen estimates $4.7B in investor losses tied to Trump’s crypto ventures

Public Citizen estimates that investors in Donald Trump and his family’s crypto-related ventures have been left at least $4.7 billion underwater since 2022. The estimate covers Trump Digital Trading Cards, the WLFI governance token, the TRUMP memecoin, USD1 stablecoin and Trump Media’s digital-asset treasury.

The largest component is the TRUMP memecoin, estimated at $3.2 billion in investor losses, followed by roughly $1 billion tied to WLFI and $450 million associated with Trump Media’s digital-asset treasury. Public Citizen says these figures are largely unrealized and, in the case of TRUMP, represent wealth transferred to a relatively small group of early buyers rather than money simply disappearing.

Source: cointelegraph
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