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Public interest groups say investors lost $4.7 billion to Trump's connection to crypto projects

2026-08-29 00:16:38
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A U.S. consumer rights group pointed out that crypto projects related to Donald Trump and his family have caused investors to lose at least $4.7 billion, most of which are unrealized losses. In a report released on August 27, the Public Interest Research Organization calculated the losses of five types of products based on its analysis: Trump Digital Trading Card NFT,$TRUMP Minin, World Free Finance's $WLFI token, USD1 stablecoin, and Trump Media's digital asset reserves.

Memo and token losses

$TRUMP Memo accounted for the largest share of the loss. Public Interest Research Group estimates that buyers have accumulated losses of approximately $3.2 billion. Analyst firm Nansen found that of the approximately 1.6 million Solana wallets that purchased the token, approximately 1 million were at a loss. The report pointed out that the top 1% of wallets with the most profits earned a total of approximately US$2.7 billion, accounting for 80% of all revenue. This trend continues the previous report of the $TRUMP token collapse and retail investors 'losses. The report also found that the market value of the early Trump NFT trading card series has shrunk by about 76% from the original purchase price of buyers.

WLFI and Bitcoin Reserves

The public interest research group estimates that the $WLFI governance token has caused investors to lose at least $1 billion, most of which is a paper loss for Nasdaq-listed AI Financial, which has transformed into a reserve vehicle for world free finance. The report also calculated an unrealized loss of approximately $450 million from the 9,477 bitcoins held by Trump Media. These bitcoins cost about US$1 billion to purchase, but were only worth about US$557 million as of June 30, 2026. The territory of Trump-related companies is still expanding, and this year the U.S. Bitcoin company associated with Trump has increased its corporate holdings.

Consumer warnings

The public interest research organization describes its mission as challenging companies 'influence over governments. It views the above data as consumer protection warnings rather than market forecasts, and these losses are estimates rather than audited results. The report noted that Trump reported at least $1.4 billion in revenue from the crypto business in his 2025 financial disclosures, while buyers of USD1 stablecoins have not suffered significant losses because the asset remains pegged to the U.S. dollar. The group urged lawmakers who are considering the Clarification Act to ban government officials and their families from issuing or profiting from digital assets.

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