Global Stock News

Trump Family Reportedly Made About $2.3 Billion on Crypto While Investors Lost About $2.3 Billion on Trump-Related Crypto

Trump Family Reportedly Made About $2.3 Billion on Crypto While Investors Lost About $2.3 Billion on Trump-Related Crypto

Cryptocurrency news can be hard to follow. For instance, I recently encountered the term “tokenized coin” and spiraled until I could calm myself down with a beveragized drink.

But a new Reuters report on the Trump family’s crypto profits makes things real easy to understand:

According to Reuters’ own analysis, The Trump family has been able to “generate at least $2.3 billion in profit from investors since Trump retook the presidency,” while losses for the approximately one million people who put their money in Trump-related crypto investments “totaled $2.3 billion at the end of April.”

It’s symmetrical, and also sad.

According to the report, the Trumps profited most of all from sales of $WLFI, the…

Source link

Share this article

Scroll to Top