Trump-Linked Crypto Ventures Leave Investors at Least $4.7B Underwater: Public Citizen

The TRUMP meme coin accounts for an estimated $3.2 billion in investor losses, according to Public Citizen's latest report.

US consumer advocacy group Public Citizen reported that crypto ventures linked to Donald Trump and his family have left investors with at least $4.7 billion underwater since 2022.

Most of the losses remain unrealized.

Trump’s Crypto Empire

Public Citizen estimated that investors in Trump Digital Trading Cards, launched in December 2022, have suffered at least $9.3 million in losses, while the WLFI token has left investors at least $1 billion underwater.

The largest amount came from the TRUMP meme coin, which Public Citizen estimated had resulted in $3.2 billion in losses for investors. Since its all-time high of $73 back in January 2025, the token has lost over 97% of its value. Earlier this month, US Senators Elizabeth Warren and Richard Blumenthal asked SEC Chair Paul Atkins to investigate the meme coin. They said that it may have enabled fraud or unfairly enriched people at the expense of everyday investors.

The advocacy group put losses tied to Trump Media’s digital-asset treasury at $450 million, while it estimated no losses for USD1, which brings the total to at least $4.7 billion.