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Public Citizen says Trump-linked crypto ventures cost investors $4.7 billion

Public Citizen estimates investors lost $4.7 billion through Trump-linked crypto ventures, while saying USD1 stablecoin holders have not suffered major losses. The claims draw attention to WLFI, USD1 and TRUMP.

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Public Citizen says Trump-linked crypto ventures cost investors $4.7 billion
Public Citizen says investors lost $4.7 billion through cryptocurrency ventures linked to Donald Trump, according to a report cited by Cointelegraph. The group said the losses occurred across Trump’s crypto-related projects, while investors in World Liberty Financial’s USD1 stablecoin have not suffered major losses. The assessment distinguishes USD1 from other Trump-linked ventures and does not identify major investor damage in the stablecoin. The findings place attention on World Liberty Financial (WLFI), USD1 and the Official Trump token (TRUMP), among the crypto assets associated with the report. Public Citizen’s claims concern investor losses tied to these ventures, while the source material does not provide further details on the calculation or the individual projects included in the $4.7 billion figure.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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