Rights Group: Trump-Linked Crypto Project Causes Investors to Lose Approximately $4.7 Billion

BlockBeats News, August 28th, the legal and consumer advocacy organization Public Citizen stated that since 2022, former U.S. President Trump and his family's related digital asset projects have caused investors to lose at least approximately $4.7 billion.

The losses mainly come from TRUMP (around $3.2 billion), as well as the WLFI governance token, the 2022-launched NFT trading card, and Trump Media's digital asset treasury. The report also lists the Trump side's related income, including around $7.2 million from NFT licensing and royalties, approximately $635 million from TRUMP licensing fees, and over $600 million from World Liberty token sales and equity stakes.