The Trump family has reportedly profited 100 million USD from fees generated by TRUMP Coin trading, leveraging the initial hype surrounding the cryptocurrency.
Despite an early investor making a 109 million USD profit, over 810,000 investors collectively lost more than 2 billion USD as the coin’s value fluctuated drastically.
Critics have voiced their concerns about Trump’s focus on easing cryptocurrency regulations while ordinary investors suffered, drawing comparisons to classic pump-and-dump schemes.