[DigitalToday reporter Chi-gyu Hwang] A report said that since U.S. President Donald Trump returned to the White House, the Trump family has earned at least $2.3 billion from cryptocurrency businesses while related investors suffered losses of a similar size.
According to a recent Reuters report, the Trump family made profits through businesses such as World Liberty Financial, the TRUMP memecoin, American Bitcoin and AI Financial, formerly ALT5 Sigma.
The Trump family reaped gains through brand licensing and token sales with little personal capital投入. By contrast, retail investors suffered heavy losses as token prices and related stock prices plunged, Reuters reported.
The White House pushed back, saying all actions by the Trump administration are for the benefit of the American people and that there is no conflict of interest.
Chi-gyu Hwang
delight@d-today.co.kr