Trump Family Generated More Crypto Profit Than Any US-Listed Company Since 2024 Election
Since the 2024 election, the Trump family has generated more profit from crypto than any US-listed company, according to Reuters, citing company statements and industry data. Reuters estimated the $TRUMP meme coin alone generated about $616 million for the family.
Buyers lost more than $700 million on the token, Reuters estimated, and the coin has dropped 97% from its January 2025 peak. Reuters reported that the family's crypto deals carried little to no downside risk for them while retail investors absorbed heavy losses.
From the sources (4 posts)
@reutersThe $TRUMP meme coin generated about $616 million for the Trump family, while buyers lost more than $700 million, according to Reuters' estimates. The coin has tumbled 97% from its January 2025 peak @specialreports h
@reutersThe Trumps have not only enriched themselves to an unprecedented extent for a sitting US president and his family, but have done so through crypto deals that carried little to no downside risk for them while resulting in big losses for reta
@unusual_whalesThe TRUMP meme coin generated about $616 million for the Trump family, while buyers lost more than $700 million, according to Reuters' estimates. The coin has dropped 97% from its January 2025 peak
@reutersSince the 2024 election, the Trumps have, as a family, generated more profit from crypto than any US-listed company, according to company statements and industry data @specialreports