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Master of coin: Trump made a fortune on his crypto business — thousands of investors lost their shirts

Master of coin: Trump made a fortune on his crypto business — thousands of investors lost their shirts

President Donald Trump rang the opening bells of the New York Stock Exchange and Nasdaq exchanges remotely from the Oval Office Monday morning to tout the launch of “Trump accounts,” which will use federal money and private donations to start newborns off with $1,000 in savings.

But the dynamics of that move — the country’s first billionaire president leveraging his financial experience to help the masses — could not be more at odds with the unprecedented crypto enterprise Trump and his sons have been running over the last year.

Trump, who called Bitcoin a “scam” back in 2021, made more than $1.4 billion through his family’s own cryptocurrency venture in 2025, while hundreds of thousands of everyday investors in the venture lost their…

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