Trump supporters who invested in his stocks and crypto lost billions while Trump profited
Forbes investigates the financial fallout for Trump supporters who invested in Trump-tied stocks and crypto ventures (Digital World Acquisition Corp, Truth Social, Trump NFTs) after being urged by Trump to back his business deals. The article profiles individual investors like Vadim Fistikan who lost their life savings, showing how Trump's political supporters became his business partners — and those who trusted him most got hurt the worst. While retail investors lost billions, Trump and his family extracted hundreds of millions through SPAC mergers, licensing deals, and crypto schemes, protected by structures that insulated them from personal liability.
Key quotes
'I’m now broke. I lost everything I had. I trusted him because I believed in what he stood for, and now I have nothing.'
'He told us to buy the stock, to support the cause. We did what he asked, and we got destroyed.'
'The Trump family extracted hundreds of millions from these deals while the retail investors who believed in them were left holding worthless paper.'
From the article
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