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Molly WhiteonBluesky1d ago
Striking graphic in this latest Reuters piece, which finds that while President Trump and his family have profited by at least $2.3 billion since he retook the presidency, their more than a million investors have suffered $2.3 billion in net losses.
www.reuters.com/investigatio...
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Analysis Summary
Reuters investigated Trump family crypto ventures and found the family extracted at least $2.3 billion in gains while investors in those same projects lost approximately $2.3 billion combined. The family profited through business deals (Alt5 Sigma generated roughly $500M for Eric and Don Jr., whose shares later tanked 93%) while ordinary crypto buyers who invested in Trump-branded tokens absorbed the losses. Reuters examined four main crypto projects to calculate these figures, but the exact mechanism of how family extraction works (early exits, equity stakes, etc.) varies by deal and deserves fuller explanation than the headline alone provides.
Claims Analysis (2)
“President Trump and his family have profited by at least $2.3 billion since he retook the presidency”
Reuters investigation confirms ~$2.3B family gains from crypto ventures. CNBC reports $500M from Alt5 Sigma deal specifically. Exact total across all ventures varies by source ($500M to $2.3B) depending on methodology.
“their more than a million investors have suffered $2.3 billion in net losses”
Reuters and coincentral report $2.3B in investor losses matching family gains. CNBC reports Alt5 Sigma shares down 93% but does not quantify total aggregate losses across all four projects. Exact loss figure is not independently verified by all sources.
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