Crypto products tied to President Donald Trump and his family have left investors at least $4.7 billion underwater, mostly through unrealized losses, Public Citizen estimated in an August 27 report. The TRUMP memecoin accounts for $3.2 billion to $4.5 billion of the estimate, with roughly 65% to 82% of retail wallets that bought it on decentralized exchanges underwater, according to blockchain analytics cited by the group. World Liberty Financial’s WLFI governance token represents at least $1 billion, including about $1 billion in unrealized losses at Nasdaq-listed AI Financial Corp. Trump Media’s bitcoin treasury carries an estimated $450 million paper loss, while three Trump Digital Trading Card editions have cost buyers a combined $9.3 million. USD1, World Liberty Financial’s stablecoin, was assigned no investor losses because it maintained its dollar peg. Trump reported $1.4 billion in crypto-related income for 2025 in a federal disclosure filed in June; Public Citizen attributed the income to NFT royalties, WLFI sales, TRUMP licensing fees and USD1-related revenue. The report also questions the administration’s conflict-of-interest safeguards and urges Congress to strengthen the CLARITY Act by restricting crypto ownership and issuance by the president, his family and senior officials.