President Donald Trump’s crypto and media ventures have left investors $7 billion in the hole, according to a damning report.
After he was ousted from the White House in 2020, the then-ex-president launched Trump Media and Technology Group, the company behind Truth Social. Upon re-taking the hot seat, he followed up with a foray into crypto, launching, with the help of his sons, World Liberty Financial, Trump’s memecoin, Melania Trump’s memecoin, and American Bitcoin.
He then proceeded to make billions as his investors lost staggering amounts of money. A Forbes count revealed that the president lined his coffers with a cool $3 billion from his various ventures, as the people who poured their savings in lost out by $7 billion.
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