The report said the gains came from four crypto businesses, while more than 1 million investors collectively held about $2.3 billion in paper losses.
The Trump family made about $2.3 billion across four crypto businesses — World Liberty Financial, the $TRUMP memecoin, American Bitcoin, and ALT5 Sigma, now AI Financial — while more than 1 million investors collectively held about $2.3 billion in paper losses, Reuters reported. The investigation said about 75% of World Liberty Financial token-sale revenue went to the Trump family, $TRUMP fell about 97% from its peak, and shares of ALT5 Sigma and American Bitcoin also dropped sharply. Reuters said its findings were based on blockchain records, thousands of pages of company documents, public disclosures, public statements and interviews, and that the analysis was independently reviewed by more than 10 accounting and crypto experts.