$TRUMP Memecoin Investors Lose Big, Trump Profits Huge

President Donald Trump has been a vocal critic of cryptocurrencies in the past, labeling Bitcoin as a 'scam.' However, since his return to office, he has become an aggressive promoter of cryptos, which have significantly boosted his net worth. The Trump family's crypto-focused company, World Liberty Financial, launched in 2024, has been particularly profitable.

A recent report by the New York Times reveals that nearly a million people who invested in Trump-themed memecoin $TRUMP have lost money, totaling $3.81 billion as of June 2026. The losses are attributed to the fact that investors profited whether the price of the coin went up or down, and even when it crashed.

Crypto investor Nicholas Pinto, who invested $500,000 in $TRUMP, has lost around half of his investment. He described Trump's actions as 'almost a legal scam,' leveraging his presidential power to launch currencies that appear trustworthy to the public eye.

Trump's financial disclosure reveals that he earned at least $2.2 billion from business ventures in 2025, including $799 million from World Liberty Financial, with hundreds of millions coming from the United Arab Emirates. A Trump entity also collected a 75% cut of sales for $WLFI, guaranteeing profits even if the coin crashed.