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Trump Crypto Fallout

Trump-linked memecoin investors lost billions as his crypto earnings drew scrutiny.

July 5, 2026 · Updated Jul 5, 4:29pm ET

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What happened

Blockchain analytics firm Nansen found that 988,905 accounts had lost a combined $3.81 billion on President Donald Trump’s $TRUMP memecoin as of the end of June. The analysis found Trump made $636 million from the token through fees collected when it was bought or sold. The figures followed Trump’s annual financial disclosure, which showed more than $1.4 billion in crypto-related earnings since he returned to the White House. In a CNBC interview aired July 2, Trump addressed questions about his family’s crypto ventures and potential conflicts of interest.

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