WASHINGTON – An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad.

Nearly one million people who bought President Donald Trump’s meme coin have lost money through the end of June, according to a report by cryptocurrency analytics firm Nansen.

Their losses total US$3.81 billion (S$4.9 billion).

The analytics firm’s assessment was calculated this past week after Trump signed an annual financial disclosure showing that he walked away with a US$636 million payout on the same crypto bet.

The odds were always in his favour. Trump profited whether the price of his meme coin went up or down. He collected returns whenever anyone traded the tokens, as he repeatedly pushed his…