Crypto ventures linked to Donald Trump and his family have left investors at least $4.7 billion underwater since 2022, according to consumer advocacy group Public Citizen. The TRUMP meme coin accounts for the largest share of the losses, most of which remain unrealized.
Crypto ventures tied to Donald Trump and his family have left investors at least $4.7 billion underwater since 2022, Public Citizen estimated in a new report. Most of the losses remain unrealized.
The TRUMP Meme Coin Drives Most of the Losses
The meme coin accounts for the biggest chunk of the total, with Public Citizen putting investor losses at $3.2 billion. Since its all-time high of $73 in January 2025, the token has lost over 97% of its value.
Earlier this month, US Senators Elizabeth Warren and Richard Blumenthal asked SEC Chair Paul Atkins to investigate the token. They said it may have enabled fraud or unfairly enriched people at the expense of everyday investors.
Other Ventures Add to the Total
Public Citizen also estimated that investors in Trump Digital Trading Cards, launched in December 2022, have suffered at least $9.3 million in losses. The WLFI token has left investors at least $1 billion underwater.
The group put losses tied to Trump Media's digital-asset treasury at $450 million, while it estimated no losses for USD1. Together, the ventures bring the total to at least $4.7 billion.
Trump's Own Crypto Gains
Trump is said to have made at least $1.4 billion from crypto in 2025, based on his latest financial disclosure released in June 2026. But the disclosure does not indicate that he invested any of his own money in these ventures, according to Public Citizen.
The White House has said neither the president nor his family have engaged or will engage in conflicts of interest. Still, the report says Trump continues to own and control his businesses. His stakes in the digital trading cards, the meme coin, World Liberty Financial's two tokens, and Trump Media & Technology Group are held through a revocable trust in which he is the sole donor and beneficiary, while his eldest child, Donald Trump Jr., serves as the sole trustee.
Source: CryptoPotato
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