Report: Trump-Linked Crypto Products Leave Investors at Least $4.7B in Losses

On August 28, the U.S. nonprofit consumer advocacy group Public Citizen released a report estimating that investors have suffered at least $4.7 billion in unrealized losses across five Trump-related crypto products, with most losses yet to be realized. The report breaks down the losses as follows: approximately $3.7 billion from the TRUMP meme coin, at least $1 billion from the WLFI governance token, about $450 million from Trump Media's digital asset treasury, and at least $93 million from Trump digital trading card NFTs, while the USD1 stablecoin was not included in the loss tally. Public Citizen noted that TRUMP meme coin losses largely reflect a wealth transfer to a small group of early buyers, rather than a disappearance of value. The report also cited Trump's June 2026 financial disclosures, stating he earned at least $1.4 billion from crypto ventures in 2025.