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Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big

NYT > Business·July 1, 2026
Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big

President Trump and his family received significant financial gains from a memecoin investment. However, many investors in the same cryptocurrency suffered substantial losses, with hundreds of thousands of people affected. The memecoin's performance resulted in a stark contrast between the Trump family's windfall and the losses incurred by the majority of its investors. The exact amount of the Trump family's earnings has not been disclosed.

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