Trump Crypto Ventures Netted Family $2.3 Billion as Investors Absorbed Matching Losses, Reuters Finds
A Reuters investigation alleges the Trump family extracted roughly $2.3 billion across four cryptocurrency ventures while investors in those same projects absorbed losses of approximately equal magnitude — also about $2.3 billion, including paper losses — by the end of April. The probe covers World Liberty Financial, the TRUMP memecoin, ALT5 Sigma, and American Bitcoin, and builds its case from blockchain tracing, exchange filings, and weighted average pricing.
Key takeaways
- A Reuters investigation alleges the Trump family extracted roughly $2.3 billion across four crypto ventures while investors in those same projects absorbed losses of approximately equal magnitude — also about $2.3 billion, including paper losses — by the end of April.
- The probe covers World Liberty Financial, the TRUMP memecoin, ALT5 Sigma, and American Bitcoin, building its case from blockchain tracing, exchange filings, and weighted average pricing.
- World Liberty Financial was the largest component, with Reuters estimating the Trump family's total from the project above $1.4 billion, including roughly $987 million from WLFI token sales and an estimated $460 million tied to a 3-billion-token discrepancy in an October 2025 fil
- Reuters calculated TRUMP memecoin on-chain flows to exchanges implied proceeds exceeding $880 million, with total memecoin revenue at approximately $1.2 billion.
- Investor losses included roughly $674 million for World Liberty token buyers, over $700 million for TRUMP memecoin holders, about $675 million for ALT5 Sigma shareholders, and over $200 million for American Bitcoin shareholders.
A Reuters investigation alleges the Trump family extracted roughly $2.3 billion across four cryptocurrency ventures while investors in those same projects absorbed losses of approximately equal magnitude — also about $2.3 billion, including paper losses — by the end of April. The probe covers World Liberty Financial, the TRUMP memecoin, ALT5 Sigma, and American Bitcoin, and builds its case from blockchain tracing, exchange filings, and weighted average pricing.
World Liberty Financial: Token Sales and a Token-Count Gap
World Liberty Financial disclosed raising $1.4 billion through sales of 30 billion WLFI governance tokens, which Reuters calculates yielded approximately $987 million for the Trump family. The investigation found a discrepancy in an October 2025 regulatory filing submitted under European crypto-sales rules: World Liberty reported holding 3 billion fewer tokens than it had previously stated publicly. Reuters applied weighted average prices to that gap and estimated those tokens, if sold during the relevant period, would have generated at least an additional $460 million — lifting the Trump family's total from World Liberty above $1.4 billion, the largest component of the overall $2.3 billion figure.
Two secondary flows run through the same project. ALT5 Sigma, repositioned as a crypto acquisition vehicle, partnered with World Liberty and purchased $717 million of WLFI tokens; Reuters says that transaction sent more than $500 million to the Trump family. Hut 8 Corp, the family's partner in the American Bitcoin venture, separately bought $25 million of World Liberty tokens shortly after launch, routing about $19 million to the family. Eric Trump's direct stake in the project was valued at more than $70 million at the end of April; Donald Trump Jr.'s stake value was not disclosed.
TRUMP Memecoin: On-Chain Flows to Exchanges
For the official TRUMP memecoin, Reuters traced coin movements to crypto exchanges using blockchain data — a method it attributed to finance and computing professors, a law professor, and an industry analyst — and treated those inflows as likely sales. Applying weighted average prices during the relevant periods, the outlet calculated that such movements implied proceeds exceeding $880 million. Reuters puts total TRUMP memecoin revenue, including sales through other channels, at approximately $1.2 billion.
What Investors Paid — and What Remains
Early World Liberty buyers paid either $1.50 or $0.50 per token but were restricted from selling 80% of their positions. Reuters estimates losses for World Liberty token investors at roughly $674 million.
TRUMP memecoin buyers paid up to $75.35 per coin, spending at least $1.2 billion in total. With the token priced at $2.38 on April 30, remaining holdings were worth $521 million — an implied loss exceeding $700 million.
In public equities, ALT5 Sigma's share price fell sharply from August, leaving shareholders down approximately $675 million. American Bitcoin shares declined from $11 to $1.15 by the end of April, a drop Reuters attributes to losses exceeding $200 million.
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Filed by the digital assets desk of MarketPR on June 18, 2026. Source: bitcoinist.com. Indicative figures are not investment advice.