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After Trump's Re-election as President of the United States, Family's Crypto Empire Rakes in $2.3 Billion

BlockBeats News, June 9th - According to a Reuters investigation, since Donald Trump returned to the position of President of the United States, the Trump family has reportedly gained at least $2.3 billion in profits from cryptocurrency projects from investors. On the flip side, over 1 million investors have collectively suffered approximately $2.3 billion in net losses (as of the end of April). These investors include not only retail investors who directly purchased cryptocurrency and related stocks, but also those who held exposure to Trump's cryptocurrency assets indirectly through ETFs and other means. The aforementioned loss data also includes unrealized losses from assets that have not been sold.

The analysis of the returns from Trump's cryptocurrency projects and the losses to investors is based on blockchain transaction records (the database that records cryptocurrency transactions), thousands of pages of company documents, public disclosures from Trump-related businesses, and public statements from Trump family members and project executives. Interviews with multiple industry executives were also conducted. The research findings were subsequently reviewed independently by over a dozen accountants and cryptocurrency experts. These experts generally believe that Reuters' estimation of the Trump family's cryptocurrency business earnings and the analysis of the related business models and fund flows are both reasonable and credible.

Kaynak:BlockBeats

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