Trump Made $1.4B From Crypto While Most Fans Lost Money
A financial disclosure shows Trump earned $1.4B from crypto ventures, even as most retail investors in his tokens are underwater.
If you bought into Trump's crypto ecosystem hoping to ride alongside the president, there's a good chance you're still waiting to break even — or worse. A newly filed financial disclosure, first reported by the Wall Street Journal, shows that President Trump pulled in roughly $1.4 billion from his crypto ventures last year. The biggest chunk — $800 million — came from World Liberty Financial, the Trump family's flagship digital asset operation.
Here's the part that stings for everyday buyers: data firm Nansen tracked 1.48 million wallets that purchased Trump's memecoin since its January 2025 launch, and about two-thirds of those holders are currently underwater, meaning they paid more than what the token is worth today. It gets rougher for World Liberty Financial's WLFI token — roughly 85% of secondary market buyers are sitting at a loss. Trump's flagship memecoin, which once hit nearly a $15 billion market cap, has since cratered about 97% to around $400 million.
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The timing of all this is creating headaches on Capitol Hill. World Liberty Financial rolled out a dollar-pegged stablecoin shortly before Trump signed the Genius Act, legislation that established a regulatory framework for exactly those kinds of tokens. That sequence has ethics-focused lawmakers raising eyebrows, and it's now a serious sticking point in Senate negotiations over broader crypto legislation. The bill cleared the House but needs 60 votes in the Senate, which means Democrats have to sign on — and some of them aren't thrilled about a sitting president personally profiting from the very industry he's helping regulate.
The optics are tricky, to put it mildly. When an officeholder earns more than a billion dollars from an asset class while pushing legislation that shapes its future, that's not just a political footnote — it's the kind of conflict-of-interest question that can stall a bill entirely. Any delay in regulatory clarity could drag crypto sentiment down further across the board, and investors in Trump-linked tokens are already dealing with enough bad news.
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