Report: Trump-linked crypto ventures cost investors $4.7B in losses

A report by the consumer advocacy group Public Citizen estimates that investors in cryptocurrency ventures linked to former President Donald Trump and his family have suffered at least $4.7 billion in losses since 2022. The analysis, released on August 27, 2026, details how various digital asset projects generated substantial revenue for Trump while leaving many retail investors with significant unrealized losses. The largest portion of the losses, approximately $3.2 billion, is attributed to the Official Trump (TRUMP) memecoin. Launched on January 17, 2025, three days before Trump’s inauguration, the token’s price surged above $73 before falling dramatically.