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๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Trump family profits $2.3 billion from crypto ventures, investors lose out

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • Donald Trump's family has reportedly earned $2.3 billion from cryptocurrency ventures since his election win, while investors have lost a similar amount.
  • Several cryptocurrency projects, including '$Trump' meme coins and World Liberty Financial, are highlighted for generating significant revenue for the Trump family with minimal personal investment.
  • Investors in these ventures have suffered substantial losses, with some token values plummeting by over 90%.

The family of former US President Donald Trump has reportedly amassed $2.3 billion from cryptocurrency ventures since his election victory in 2024, while investors have collectively lost a comparable sum. Investigations reveal that the Trump family has profited significantly from four crypto-related businesses: $Trump, World Liberty Financial, American Bitcoin, and Alt5 Sigma.

These ventures, launched between November 2024 and April 2026, generated substantial revenue for the Trump family, often with minimal personal investment. For instance, the '$Trump' meme coin, which is not tied to any real business or revenue, saw its value drop by 97% from its peak. Investors who put $2,000 into the token now have less than $120 worth. The Trump Organization's affiliates hold 80% of this token's supply, allowing the family to profit from token sales while external investors incurred losses.

World Liberty Financial, co-founded by Trump's sons and associates, generated over $1.4 billion for the Trump family, who own 60% of the company. While the token initially saw little attention, its value surged after Trump's re-election, partly due to purchases by figures like Justin Sun. However, investors who bought the token on exchanges have lost $674 million, with prices falling 87% from their September 2025 peak.

In Trump's crypto script, the family always wins, but investors do not.

โ€” ReutersCriticizing the business model of the Trump family's cryptocurrency ventures.

Other ventures also show a pattern of high returns for the Trump family and significant losses for investors. Alt5 Sigma, a Nasdaq-listed company that purchased $1.5 billion worth of World Liberty tokens, saw its stock price surge on news of the association but has since plummeted 93%. American Bitcoin, promoted for its Bitcoin mining business, also experienced a stock price collapse. Reuters criticized this model, stating, "In Trump's crypto script, the family always wins, but investors do not."

A White House spokesperson stated that Trump's assets are managed in trusts overseen by his children, asserting no conflict of interest and that the president always acts in the best interest of the American people.

Trump President's assets are entrusted to trusts managed by his children, so there is no conflict of interest, and President Trump has always acted in the interest of the American people.

โ€” White House spokespersonResponding to questions about potential conflicts of interest regarding Trump's family cryptocurrency businesses.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.