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Investors Lose Millions as Trump’s Crypto Ventures Collapse

7/2/2026

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Story summary
  • Everyday investors lost millions after President Donald Trump’s crypto ventures collapsed in value.
  • Trump disclosed $500 million from World Liberty Financial and $600 million from CIC Digital meme-coin sales in an Office of Government Ethics filing.
  • He told reporters he does not manage his finances and that his assets remain in a family-controlled trust.
  • The White House said Trump acts in the public interest and has no conflicts despite the disclosed earnings.