A report released August 28 by nonprofit consumer advocacy group Public Citizen estimated that five categories of Trump-related crypto products have caused investors at least $4.7 billion in unrealized losses. The group said most of the losses have not yet been realized.
Public Citizen attributed roughly $3.2 billion of the estimated losses to the TRUMP meme coin, at least $1 billion to WLFI governance tokens, about $450 million to the Trump Media digital asset treasury, and at least $9.3 million to Trump Digital Trading Card NFTs. The USD1 stablecoin was not included in the calculation. The report said TRUMP meme coin losses reflected a transfer of wealth to a small number of early buyers more than value simply disappearing.
The report also cited Trump’s financial disclosure filed in June 2026, saying he received at least $1.4 billion from crypto businesses in 2025. The White House has previously said the president and his family have never been and will never be involved in conflicts of interest.
Public Citizen Estimates Trump-Linked Crypto Products Drove $4.7 Billion in Unrealized Investor Losses
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