Trump family profits $2.3 billion from crypto ventures as investors lose similar sum

Reuters analysis showed that four cryptocurrency projects linked to the Trump family earned about $2. 3 billion, while roughly one million retail investors lost a comparable amount. The projects included World Liberty Financial, ALT5 Sigma, American Bitcoin and AI Financial Corp and the $TRUMP meme coin. According to the report, investor losses matched the family’s profit.

A later report by Gizmodo echoed the same Reuters analysis and confirmed the profit and loss figures. The article also noted that the White House and former adviser Wilbur Ross were monitoring the situation, though no official statements were made. Thus, the financial outcome of the Trump family’s crypto ventures aligned with the damage suffered by a broad base of small investors.