Public Citizen claims that Trump related cryptocurrency projects have caused investors to lose $4.7 billion
Consumer rights organization Public Citizen reports that US President Trump and his family's related cryptocurrency projects have caused investors to lose at least $4.7 billion. TRUMP investors suffered losses of approximately $3.2 billion, while Trump received $7.2 million from NFT licensing fees and royalties, and over $600 million from the sale of World Liberty tokens and equity. Public Citizen calls for the inclusion of ethical standards in the Digital Asset Market Clarity Act, requiring the US President and his family to withdraw from related industry projects.