Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds
From November 2024 to April 2026, Trump-linked crypto ventures generated about $2.3 billion in pretax income, exceeding Coinbase’s earnings and dwarfing major miners, stablecoin issuers, and crypto infrastructure firms. The biggest gains came from World Liberty Financial and the TRUMP meme coin, which used token sales and revenue-sharing structures that gave the family large upfront payouts while leaving buyers exposed to steep price drops and roughly $2.25 billion in estimated losses overall. Public-market vehicles amplified the gains: ALT5 Sigma raised funds to buy World Liberty tokens, sending over $500 million to Trump-linked entities before its stock collapsed, and American Bitcoin gave Trump family members valuable stakes as its share price plunged. The windfall has fueled conflict-of-interest concerns because the administration has supported lighter crypto regulation while family businesses profit from the sector.
