Reuters probe: Trump family made $2.3B from crypto ventures as investors lost money
By
Stephen McNair
Summary
A Reuters investigation reveals that the Trump family has made at least $2.3 billion from cryptocurrency ventures, including World Liberty Financial, while over a million private investors who bought into these schemes subsequently suffered losses. The report highlights that the family faced little financial risk while profiting from crypto projects promoted by the President, raising concerns about conflicts of interest and investor harm.
Source
bskyReuters probe: Trump family made $2.3B from crypto ventures as investors lost moneyeastangliabylines.co.ukKey quotes
· 3 pulledThe Trump family made at least $2.3 billion from its main crypto-related ventures, while more than a million private investors subsequently suffered losses.
World Liberty Financial claims to 'build and democratize a new financial system for the benefit of millions'.
At little financial risk, the Trump family has made over $2bn from cryptocurrency schemes promoted by the President.
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