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Trump family allegedly earned $2.3 billion from crypto, Reuters reports
🇬🇷 Greece /Economy & Trade

Trump family allegedly earned $2.3 billion from crypto, Reuters reports

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News From a news agency Context piece
  • The Trump family allegedly earned at least $2.3 billion from cryptocurrency-related activities, according to a Reuters investigation.
  • Over one million investors reportedly suffered losses from the same investment moves linked to Donald Trump's crypto projects.
  • The report details four key crypto projects associated with Donald Trump that generated significant profits for his family.

The Trump family has reportedly amassed at least $2.3 billion from cryptocurrency ventures, a Reuters investigation revealed. This significant sum was generated through activities linked to digital assets, while simultaneously, more than a million investors experienced losses from the same investments.

Reuters identified four primary cryptocurrency projects associated with Donald Trump. These projects appear to have been instrumental in generating substantial profits for the Trump family's financial dealings in the digital currency market.

The investigation highlights a stark contrast between the reported gains of the Trump family and the financial setbacks faced by a large number of investors. The details suggest a lucrative, yet potentially risky, engagement with the cryptocurrency market by individuals connected to the former U.S. president.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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