Trump family earns billions from crypto schemes as investors lose equivalent funds
A Reuters analysis of blockchain data and company filings shows that the family of U.S. President Donald Trump has earned at least $2.3 billion from four cryptocurrency projects since his second inauguration, while more than one million investors have suffered roughly the same amount in losses.
The largest venture, World Liberty Financial, generated over $1.4 billion for the family through the sale of governance tokens that later dropped 87 % in value and are restricted from resale until 2030. The meme‑coin “$TRUMP” brought about $616 million to the Trump family, while buyers lost more than $700 million after the token fell 97 %. Other projects promoted by Eric Trump and Donald Trump Jr., such as AI Financial Corp and American Bitcoin, saw their share prices plunge, costing external investors over $200 million; Eric Trump still holds a 9 % stake worth over $70 million.
Ethics experts describe the arrangement as an unprecedented conflict of interest because the administration regulates the crypto sector while the president's relatives profit from it. The White House dismissed the allegations, and the Trump sons have not responded to requests for comment.