Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

How Trump made more than $1B on crypto when most of his coin's investors lost money

Nansen said 988,905 wallets holding the token had $3.81 billion in losses, while about 5,000 early traders captured nearly $4 billion in gains.

  • President Donald Trump launched the $TRUMP memecoin before his second inauguration, which reached a $15 billion valuation but later plunged 97% to $400 million, causing most investors to lose money.
  • Trump's companies controlled 80% of the $TRUMP coin supply, and he earned over $526 million from transaction and licensing fees related to the memecoin and other cryptocurrency tokens partly managed by his adult children.
  • Buyers of $TRUMP purchased the coin partly to support Trump and to gain access to exclusive events such as a black-tie dinner and VIP reception.
  • Trump defended his earnings by citing stock market gains and stated that he authorizes his adult children to oversee his finances, claiming no direct involvement in the crypto investments.
Insights by Ground AI
Podcasts & Opinions

17 Articles

FortuneFortune
Reposted by
Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap
Center

Close to a million investors of the Trump memecoin lost a collective $3.8 billion, even as the president disclosed $636 million in earnings

The president launched the $TRUMP coin just before his inauguration last January.

·New York, United States
Read Full Article
Lean Left

The cryptocurrency on behalf of the U.S. president has lost nearly 98% of its value since its peak in early 2025. Nearly one million investors have lost large, while the White House tenant has taken $636 million.

·Paris, France
Read Full Article
abc11 Raleighabc11 Raleigh
+4 Reposted by 4 other sources
Center

How Trump made more than $1B on crypto when most of his coin's investors lost money

Even as $TRUMP memecoin investors lost money, Trump reaped the rewards.

·Raleigh, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 58% of the sources are Center
58% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

thecondia.com broke the news on Monday, July 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal