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Trump Family Profits $2.3 Billion Through Four Crypto Ventures

On June 9, Reuters reported that U.S. President Donald Trump and his family have accumulated approximately $2.3 billion in profits through four crypto ventures: World Liberty Financial, $TRUMP meme coin, American Bitcoin, and ALT5 Sigma (now AI Financial). They leveraged brand authorization and trending topics while investing almost no personal funds, resulting in over a million investors facing a combined loss of about $2.3 billion. The report noted that around 75% of the token sale revenue from World Liberty Financial flowed to the Trump family, after which the tokens and related stocks saw significant declines; the price of the $TRUMP meme coin has dropped about 97% from its peak, and the stock prices of ALT5 Sigma and American Bitcoin have also plummeted. Several retail investors have expressed that they ignored risk control due to the 'presidential endorsement,' and some investors are considering legal action.

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