Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big

A large chunk of the $2 billion haul President Trump took in last year came as hundreds of thousands of his fans and other investors bet on a speculative cryptocurrency called $TRUMP, hoping its value would soar with his return to the White House.

But while Mr. Trump amassed an eye-popping $636 million from the cryptocurrency, known as a memecoin, many of his followers who heeded his call to purchase the coin came out losers.

That outcome, documented by an independent analysis of trades and fees paid out from $TRUMP token sales, is drawing renewed attention this week, as Mr. Trump for the first time has detailed the extraordinary $1.4 billion in revenue he secured just from the cryptocurrency industry since he returned to the White House.

The president’s 927-page financial disclosure showed how Mr. Trump and his family reaped huge financial rewards in 2025 through his money-losing Trump Media venture and a separate cryptocurrency firm called World Liberty Financial, even as routine investors suffered vast losses.

Article source: https://www.nytimes.com/2026/07/01/us/politics/trump-crypto-memecoin-world-liberty.html