PANews reported on June 9th that, according to Reuters, US President Trump and his family, through four cryptocurrency businesses—World Liberty Financial, $TRUMP (a meme coin), American Bitcoin, and ALT5 Sigma (now AI Financial)—have profited approximately $2.3 billion with almost no personal investment, leveraging the brand's licensing and media attention. Meanwhile, over one million investors have suffered a combined paper loss of approximately $2.3 billion. The report indicates that about 75% of the revenue from World Liberty Financial's token sales went to the Trump family, and the token and related stocks subsequently plummeted; the price of $TRUMP has retreated approximately 97% from its peak; and the share prices of ALT5 Sigma and American Bitcoin have also fallen sharply. Many retail investors stated that they neglected risk management due to the "presidential endorsement," and some are considering legal action.
The Trump family made $2.3 billion through four crypto businesses, while investors lost the same amount.
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Author: PA一线
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