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Jaw-Dropping Loss of Trump Investors Revealed
The Daily Beast • • business
Key Points:
- President Donald Trump’s post-White House ventures in crypto and media have resulted in a combined investor loss of approximately $7 billion, according to a critical report.
- Trump Media and Technology Group, behind Truth Social, along with crypto projects such as World Liberty Financial, Trump’s memecoin, Melania Trump’s memecoin, and American Bitcoin, have all experienced dramatic declines in value.
- Individual investors like Vadim Fistikan and Nick Pinto have suffered severe financial losses, with some losing life savings after investing heavily in these ventures, which they now view as scams or fraudulent schemes.
- Trump Media shares have fallen 89% from their peak, while associated crypto tokens and shares have plummeted between 82% and 99%, causing widespread financial harm among supporters.
- The report highlights investor disillusionment and the perception that these ventures exploited loyal followers, with losses impacting a broad base of Americans.
