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Crypto market crash hits Trump family, wiping out $1 billion of their fortune

Following are excerpts from a current report in El Pais USA:

Their wealth has fallen from $7.7 billion at the beginning of September to the current $6.7 billion, according to Bloomberg. The memecoin linked to the president has plunged 85%, while Trump Media’s shares have tumbled 70%
In just over a month, the crypto market has lost $1.2 trillion in value. The steady declines since mid-October have erased much of the gains received by both small and large investors. Among the latter is a very well-known figure: U.S. President Donald Trump, who is also partly responsible for the euphoria the sector experienced until October.

But the Trump effect has completely vanished, with digital assets falling back to levels seen before his term. His direct support of the sector and entry into crypto businesses fueled short-term excitement, but investors have forgotten about that now. Today, the focus of the debate is the potential AI bubble and interest-rate cuts. And the Trump business empire has felt the shock of reality: since September, it has lost at least $1 billion of its fortune (dropping from $7.7 billion at the beginning of September to the current $6.7 billion), according to the Bloomberg Billionaires Index, a decline largely due to the Trump family’s growing ties to crypto projects.

The Trump family went all-in on digital assets: they launched tokens, created companies, invested in the industry, pardoned convicted crypto tycoon Changpeng Zhao, and legislated in favor of the sector, pushing major cryptocurrencies to historic highs. But in this market — marked by extreme volatility and speculation — no one is spared, not even the president. A good example of this was the launch, a few days before Trump’s inauguration, of the memecoin $TRUMP, a token with no backing whatsoever beyond being linked to the tycoon’s image. Minutes after its release, euphoria broke out and the token reached a value of more than $15 billion. But like every speculative wave, the excitement was short-lived, and its price plunged by up to 76% within a few hours.

In these past months, $TRUMP has gone through ups and downs, but since mid-August its declines have intensified, and it has lost around 40% of its value; since its launch, it is down 85%. As of today, the size of the Trump family’s stake in the project is unclear; according to Bloomberg estimates, those close to him hold around 40% of all outstanding tokens. At current prices, that stake is worth about $310 million, implying a loss of $117 million since the end of August.

But this is only the tip of the iceberg when it comes to the Trump family’s crypto empire. With their flagship project, the crypto platform World Liberty Financial, they issued the WLFI token, which has plunged 38% since early September: those close to the president hold an amount of tokens that reached an accounting value of roughly $6 billion at its peak, but which today are worth half that — about $3.15 billion — according to Bloomberg data. These assets, however, are not included in the agency’s calculations, as they are not traded on organized markets.

Comments


  • article is propaganda attempting to present how the trump crime family is suffering along with his low income voters.
    these cryptos are fabricated and made up of nothing...there are MILLIONS of different meme coins.
    worst of all, the article skips the fact that trump makes money off transaction fees of useless crypto that is paid in DOLLARS.

    anyone serious would want to know the trump family wealth difference before and after the election, and how that wealth is counted. it is impossible this particular senior with dementia actually became a biz genius on election day.
  • edited November 27
    All I want for Christmas is to see everything he, his family and all his enablers touches or is connected to implode. Since I haven't asked for a Christmas present since I was 8 that should be doable right?
  • edited November 27
    Expect increased chatter about a national crypto reserve in the coming weeks. Managed by Orange Julius Corp of course!
  • edited November 27
    stayCalm said:

    Expect increased chatter about a national crypto reserve in the coming weeks. Managed by Orange Julius Corp of course!

    Could the National Guard stop the bleeding? Maybe put 500 on Crypto detail?
  • Just wondering: Why would a main Spanish newspaper of record have any interest in a "propaganda" article supposedly promoting sympathy for Trump? I check this news source frequently, and they are certainly not fans or supporters of Trump or his works.

    The article simply points out that despite the active support of the Trump Crime Family their promotion of Bullshit Money isn't accomplishing much.
  • a2z
    edited November 27
    consider very similar articles have appeared in america, making it seem some massive tragedy.
    and the source is el pais usa .
    but yes, writing for rightwing spaniard trump fans who prefer to read english doesnt seem like a big catch.
  • Couldn't happen to more deserving people.
  • https://www.forbes.com/sites/danalexander/2025/09/09/presidency-boosts-trumps-net-worth-by-3-billion-in-a-year/

    Donald Trump just had the most lucrative year of his life. His net worth is now estimated at $7.3 billion, up from $4.3 billion in 2024, when he was still running for office. That $3 billion jump moved him up 118 spots on The Forbes 400, placing him at No. 201 this year. So even if he lost a billion, he’d still be doing just fine. I’m glad you’re keeping track of his finances.

    The Obamas have also seen significant financial growth over the years.
    And here’s a true story: my SIL works for a major Silicon Valley company. They had booked Michelle Obama for a presentation at a rate of $300K for a 90 minute talk. Michelle arrived late, spoke for only about 20 minutes, and still demanded full payment threatening to go public and accuse the company of DEI bias if they didn’t comply. Quite an act of “class,” I suppose.

    Millions flowed to the Biden family via opaque deals.

    Turns out we can agree on one thing: our politicians are corrupt.
  • edited November 30
    FD1000 said:

    https://www.forbes.com/sites/danalexander/2025/09/09/presidency-boosts-trumps-net-worth-by-3-billion-in-a-year/

    Donald Trump just had the most lucrative year of his life.
    His net worth is now estimated at $7.3 billion, up from $4.3 billion in 2024,
    when he was still running for office.
    That $3 billion jump moved him up 118 spots on The Forbes 400, placing him at No. 201 this year.
    So even if he lost a billion, he’d still be doing just fine.
    [snip]

    In an August 2024 news conference, Donald Trump declared:
    "When I win, I will immediately bring prices down, starting on Day One."
    Trump has failed to keep this campaign promise — overall prices have increased since he took office.¹
    Shouldn't the president be focused on improving the lives of ordinary Americans
    instead of enriching himself and his immediate family?
    With his rapacious appetite for filthy lucre, Donald Trump has potentially violated
    the Constitution’s Emoluments Clauses.²

    ¹ https://www.bbc.com/news/articles/ckgkl25734go
    ² https://www.brennancenter.org/our-work/policy-solutions/codifying-constitutions-emoluments-clauses
  • The man is totally corrupt, in every sense of the word.
  • Old_Joe said:

    The man is totally corrupt, in every sense of the word.

    It's amazing that none of the following bother you more.
    * The global tobacco products market (dominated by cigarettes) generated approximately $988 billion in revenue in 2025, according to market forecasts.
    * Google, Amazon, Apple, and Meta have been taking advantage of billions people around the world using monopoly practices and other evil tactics, and their CEOs made a lot more than Trump
    * The pharma companies have been abusing their power to make billions more and enrich their CEOs.
    * Educate yourself with The Full Story of OxyContin and Purdue Pharma.
    * The following are some of the worst companies making and selling food making so many billions.
    Most sugar pushed globally: Coca-Cola and PepsiCo combined
    Most addictive salty snacks: PepsiCo (Frito-Lay division)
    Worst children’s products: Kellogg’s, General Mills, Mondelēz
    Highest-sodium frozen meals: Conagra and Nestlé
    Most deceptive “health halo” products: PepsiCo Gatorade, Coca-Cola Vitaminwater, Kellogg’s “Smart Start” cereal (still 35 % sugar).
    American fast food companies.
    * Michael Milken and the Junk Bond Scandal.
    * Scandals tied to the Kennedy, Clinton, and Biden families.

    But hey, TDS is in the house.
  • edited November 30
    @FD1000: Evidently it will come as a surprise to you that I am very familiar with everything on your list. I am an avid absorber of news and history.

    So what? Are you suggesting that because those things are true it gives your president Trump the right to do anything that happens to occur to him? The connection would be... ???

    The man is totally corrupt, in every sense of the word. You can add him to your list.
  • edited November 30
    Politicians of both parties are indeed corrupt. But there is a significant difference in scale. There's several zeros between 300K and 3B.

    The scale of corruption in this current administration and insider circle is staggering and unprecedented. Democrat corruption is literally kindergartner level compared to Republican corruption in Orange Grifter Term 2. And it started well before Day 1 (meme coins of Trump and his "wife")

  • and the parroted 'what-aboutism' w/no concept of scale, nor an economic grasp for tragedy of the commons, is why a certain poster has zero value add.
  • Amen to that.
  • He and his "president" got theirs- nothing else matters at all.
  • edited December 1
    @Old_Joe

    Another great information piece from El Pais. "But the Trump effect has completely vanished, with digital assets falling back to levels seen before his term."

    Dare I say, reversion to mean, absent new substance.
  • a2z said:


    and the parroted 'what-aboutism' w/no concept of scale, nor an economic grasp for tragedy of the commons, is why a certain poster has zero value add.

    Yep, no value whatsoever. I scroll right past. Too much BS, braggadocio and mis-information to even waste a second. They are a master of deflection, compartmentalization and rationalization. Simply, not interesting.

  • Old_Joe said:

    @FD1000: Evidently it will come as a surprise to you that I am very familiar with everything on your list. I am an avid absorber of news and history.

    So what? Are you suggesting that because those things are true it gives your president Trump the right to do anything that happens to occur to him? The connection would be... ???

    The man is totally corrupt, in every sense of the word. You can add him to your list.

    Well stated.

    Whataboutism is one of the most immature rationalizations of them all. Imagine that dim little boy on a 4th grade playground, saying "But, Johnny did it too!" Thinking that it is an actual defense. Then imagine that dim little boy, all grown up, but no more mature.

  • a2z said:


    article is propaganda attempting to present how the trump crime family is suffering along with his low income voters.
    these cryptos are fabricated and made up of nothing...there are MILLIONS of different meme coins.
    worst of all, the article skips the fact that trump makes money off transaction fees of useless crypto that is paid in DOLLARS.

    anyone serious would want to know the trump family wealth difference before and after the election, and how that wealth is counted. it is impossible this particular senior with dementia actually became a biz genius on election day.

    I read it a bit differently, but agree that it is only part of the full story. The part where the family crypto venture is showing signs of losing momentum. But, that is always part of "the grift", a money grab, a failed endeavor, and then on to the next scam.

    P T Barnum, is attributed with saying that "A sucker is born every minute".

    "A fool and his money is soon parted", may also apply. I find comfort knowing that those fleeced are almost certainly part of the cult. Or really stupid.

  • My point is that you are outraged about Trump from the smallest things to everything while you are silent about your side.

    California scandals are known.
    Homelessness Spending Mystery: $24B allocated under Gov. Newsom yielded a 40% rise in homelessness; no clear accounting, fueling deficit ($46B) and exodus debates.

    $100M in LA wildfire aid is being doled out to fund pet clinics, DEI projects and fungus planting— but not a dime directly to victims.
    https://nypost.com/2025/09/10/us-news/fire-victims-baffled-at-how-100m-in-charity-concert-money-was-spent-its-a-s-tshow/

    MN VP Candidate, Walz: How DEI leads to theft.
    Fraud Swamped Minnesota’s Social Services System on Tim Walz’s Watch
    Prosecutors say members of the Somali diaspora, a group with growing political power, were largely responsible.
    https://www.nytimes.com/2025/11/29/us/fraud-minnesota-somali.html

    Where is the outrage?
  • In MN at least fraudsters(?) are being prosecuted, fined and jailed. In your cult they're given pardons if convicted, that is, if they are ever even charged.
  • FD1000 said:

    My point is that you are outraged about Trump from the smallest things to everything while you are silent about your side.

    Where is the outrage?

    @FD1000, clearly, you did not read the posts by:

    @Old_Joe
    @stayClam
    @a2z
    @Mark
    @DrVenture
  • edited December 2
    I've seen - or think I've seen - footage of heavily armored, helmeted, masked government thugs busting out windows of vehicles stopped at red lights in downtown Charlotte and dragging motorists suspected of some crime to the ground. Unless those images are somehow faked, which I don't believe, I'm appalled. That's not how we treat the innocent, the suspected or the guilty in this country. All lives have dignity

    Some of the tactics used against suspected undocumented aliens would get you tossed into jail if you used them against a helpless animal like a dog, chipmonk or squirrel. Shame on FD for continuing to defend this gang. Anything you say hereafter ceases to have any credibility.
  • Forbes, above:
    "...But now, after reclaiming the White House—and cashing in on the power that comes with it—he can pretty much do anything he wants."

    Talked their way right past the Emoluments clause. Way to go.
  • Old_Joe said:

    @FD1000: Evidently it will come as a surprise to you that I am very familiar with everything on your list. I am an avid absorber of news and history.

    So what? Are you suggesting that because those things are true it gives your president Trump the right to do anything that happens to occur to him? The connection would be... ???

    The man is totally corrupt, in every sense of the word. You can add him to your list.

    What-about-ism. There's never any DIRECT response to your (quite accurate) assertions from @FD1000 about the Orange Felon In Chief.
  • stayCalm said:

    Politicians of both parties are indeed corrupt. But there is a significant difference in scale. There's several zeros between 300K and 3B.

    The scale of corruption in this current administration and insider circle is staggering and unprecedented. Democrat corruption is literally kindergartner level compared to Republican corruption in Orange Grifter Term 2. And it started well before Day 1 (meme coins of Trump and his "wife")

    TRUTH.
  • DrVenture said:

    Old_Joe said:

    @FD1000: Evidently it will come as a surprise to you that I am very familiar with everything on your list. I am an avid absorber of news and history.

    So what? Are you suggesting that because those things are true it gives your president Trump the right to do anything that happens to occur to him? The connection would be... ???

    The man is totally corrupt, in every sense of the word. You can add him to your list.

    Well stated.

    Whataboutism is one of the most immature rationalizations of them all. Imagine that dim little boy on a 4th grade playground, saying "But, Johnny did it too!" Thinking that it is an actual defense. Then imagine that dim little boy, all grown up, but no more mature.

    Expertly expressed.
  • edited December 2
    deleted
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