Trump-linked crypto ventures have resulted in at least $4.7B in unrealized investor losses since 2022, with the TRUMP meme coin down 97% and responsible for $3.2B of those losses.
Regulation & Gov ·
Public Citizen released findings that crypto projects connected to Donald Trump and his family have caused investors to lose at least $4.7 billion in unrealized value since 2022. The TRUMP meme token accounts for the bulk of those losses at $3.2 billion, having shed more than 97% from its January 2025 peak of $73. Smaller but significant losses stem from the WLFI token, which left investors at least $1 billion underwater, Trump Digital Trading Cards at $9.3 million, and Trump Media's digital-asset treasury at $450 million.
In contrast, Trump himself reportedly extracted at least $1.4 billion from crypto ventures in 2025 according to his latest financial disclosure released in June 2026. The disclosure shows he did not deploy personal capital into these ventures, according to Public Citizen's analysis. Trump holds stakes in the meme coin, trading cards, and World Liberty Financial tokens through a revocable trust where he is sole donor and beneficiary, with his eldest son serving as sole trustee.
The pattern has drawn scrutiny over potential conflicts of interest as Congress debates crypto regulation. Two US Senators have asked the SEC to investigate whether the meme coin enabled fraud, and critics have flagged loopholes in proposed legislation that could allow continued profitability from these holdings regardless of regulatory changes.