Trump Crypto Fallout

Trump-linked memecoin investors lost billions as his crypto earnings drew scrutiny.

•Balanced

Trump memecoin investors lost $3.8 billion, analysis finds | TechCrunch

Thereâs Now a Depressing Tally of Winners and Losers in the Trump Memecoin Story

Trump Memecoin Investors Took a $3.8 Billion Bath — As Trump Made More Than $600 Million: Report

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Analysis & opinion

The reporting

A neutral summary of the key facts most outlets agree on, drawn from reporting across the political spectrum.

Blockchain analytics firm Nansen found that 988,905 accounts had lost a combined $3.81 billion on President Donald Trump’s $TRUMP memecoin as of the end of June. The analysis found Trump made $636 million from the token through fees collected when it was bought or sold. The figures followed Trump’s annual financial disclosure, which showed more than $1.4 billion in crypto-related earnings since he returned to the White House. In a CNBC interview aired July 2, Trump addressed questions about his family’s crypto ventures and potential conflicts of interest.

Analysis & opinion

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Trump crypto griftLeft & Center

Trump profited from his crypto ventures while ordinary buyers or Americans were left worse off or disgusted. His memecoin and broader presidential crypto earnings amounted to a conflict-ridden grift that enriched him personally.