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    Home»The nonprofit organization claims that Trump’s cryptocurrency project caused investors a loss of $4.7 billion
    August 27, 20260 Views

    The nonprofit organization claims that Trump’s cryptocurrency project caused investors a loss of $4.7 billion

    EditorBy EditorAugust 27, 2026No Comments2 Mins Read
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    FEED ChainCatcher August 27, 2026 August 27, 2026 7:38 pm 1 views #2286049
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    The nonprofit organization claims that Trump’s cryptocurrency project caused investors a loss of $4.7 billion

    2026-08-28 03:37:32

    Consumer rights organization Public Citizen released a report stating that U.S. President Trump and his family’s cryptocurrency projects have resulted in investor losses of at least $4.7 billion since 2022. Most of the losses stem from the TRUMP meme coin issued by Trump, with investors losing about $3.2 billion, while buyers of World Liberty Financial’s USD1 stablecoin “have not suffered significant losses.”

    The report noted that Trump profited $7.2 million from NFT royalties, over $600 million from the sale of World Liberty tokens and equity, $635 million from meme coin royalties, and $197 million in revenue from investing in World Liberty. These figures do not include the company and project shares he continues to hold, and some data is included in the President’s 2025 disclosure documents, showing his cryptocurrency-related income reached $1.4 billion.

    Public Citizen once again called for the inclusion of ethical provisions in the Digital Asset Market Clarification Act (CLARITY Act), requiring the U.S. President and his family to divest from industry-related projects. The bill is scheduled for a final vote on September 15 and requires support from at least 60 senators to advance. White House spokesperson Anna Kelly previously responded that Trump’s cryptocurrency investments “do not present a conflict of interest.”

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    Related tags

    Trump

    meme coin

    regulation

    stablecoin

    NFT

    Source: ChainCatcher

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    ← Previous update WSJ says UAE royal holds 49% stake in Trump WLFI banking venture Next update → $6.44 billion Bitcoin options expire today
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