Svmuureports that U.S. President Donald Trump and his family have made a cumulative profit of approximately $2.3 billion from four crypto businesses: World Liberty Financial, the TRUMP Meme coin, American Bitcoin, and ALT5 Sigma (now AI Financial). Meanwhile, related investors are sitting on aggregate unrealized losses also totaling around $2.3 billion.
The report states that about 75% of the proceeds from World Liberty Financial token sales flowed to the Trump family. At the same time, the price of the TRUMP Meme coin has fallen approximately 97% from its all-time high, and stock prices related to ALT5 Sigma and American Bitcoin have also seen significant declines.
The report cites some investors who stated that they neglected risk management due to the "presidential endorsement." Some investors are now considering legal action. (Reuters)