A Reuters investigation has found that President Donald Trump and his family generated an estimated $2.3 billion from cryptocurrency ventures between late 2024 and April 2026, while retail investors who bought into those same projects lost a broadly equivalent amount.
The bulk of the gains came from two major projects. World Liberty Financial, a decentralised finance platform launched in October 2024, raised approximately $1.4 billion through governance token sales. The family’s contractual share of that revenue is estimated at nearly $987 million, with a disputed allocation of a further three billion tokens potentially adding another $460 million.
The second major income stream was the $TRUMP meme coin, which generated around $1.2 billion in total sales. The Trump family’s share of those proceeds is estimated at approximately $616 million.
Additional revenue flowed through public market vehicles. ALT5 Sigma, later rebranded as AI Financial Corp., reportedly purchased more than $700 million in World Liberty Financial tokens, channelling over $500 million toward Trump-linked entities. Ownership stakes in American Bitcoin, a separate venture, added further value, with one family position alone reported to be worth more than $70 million by late April.
Senator Elizabeth Warren cited the investigation in calling for legislation to address conflicts of interest, arguing that any crypto bill passing through Congress must account for the president’s personal financial exposure to the sector. Critics noted that the $2.3 billion in family gains closely mirrors the $2.25 billion in estimated net losses absorbed by outside investors across the same projects.
