Policy · 2h ago
Trump memecoin investors lose $3.8B as president pockets $636M
Nearly 1 million investors lost a combined $3.8 billion on President Donald Trump's $TRUMP memecoin, according to a new analysis. Trump personally made $636 million from the token's launch. The losses highlight the risks of celebrity-endorsed crypto assets.
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The story underscores how political figures can profit from unregulated crypto markets while retail investors bear the losses, raising questions about ethics and oversight.
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