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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNearly a Million Investors Lost $3.8 Billion on Trump Coin
Nearly a Million Investors Lost $3.8 Billion on Trump Coin
July 4, 2026 at 7:47 am EDT By Taegan Goddard 36 Comments
https://politicalwire.com/2026/07/04/nearly-a-million-investors-lost-3-8-billion-on-trump-coin/
An up-to-date tally of Trump followers turned crypto investors is in. And for them, the overall results are remarkably bad, the New York Times reports.
Nearly 1 million people who bought President Trumps memecoin have lost money through the end of June, according to a report by the cryptocurrency analytics firm Nansen. Their losses total $3.81 billion.
True Dough
(27,727 posts)
dalton99a
(96,434 posts)tanyev
(49,988 posts)In Trump crypto news today, the President's family made $2.3Bn from four cryptocurrency ventures as of the end of April 2026 while putting up little to no capital of their own and outside investors lost an equivalent $2.3 billion in the same projects.
That is the central finding of a Reuters investigation published on June 9, 2026, based on thousands of pages of corporate filings and interviews with more than a dozen academics and consultants, as well as 27 individual retail investors.
https://finance.yahoo.com/markets/crypto/articles/trump-crypto-family-netted-2-105601198.html
What are the odds???
PatSeg
(54,160 posts)Lonesome Rhodes: Those morons out there? Shucks, I could take chicken fertilizer and sell it to them as caviar. I could make them eat dog food and think it was steak. Sure, I got 'em like this... You know what the public's like? A cage of Guinea Pigs.
Good Night you stupid idiots. Good Night, you miserable slobs. They're a lot of trained seals. I toss them a dead fish and they'll flap their flippers.
These people have been with us always, as have the grifters who take advantage of them. If "Lonesome Rhodes" was with us today, he'd be selling them crypto coins.
Wiz Imp
(10,940 posts)Last edited Sat Jul 4, 2026, 01:41 PM - Edit history (1)
even after he revealed what he thought of them.
Andy Griffith was soooo good in that movie
PatSeg
(54,160 posts)Lonesome Rhodes fans turned on him without hesitation, but today's followers just double down and make excuses for their leader.
I would have thought that being we have more access to information today, that people would be less gullible, but I was way off in that regard. We get so many messages just from mainstream entertainment, but there are people who will boo a villainous grifter in a movie or TV show, yet fail to see an all too obvious one in real life. Surely no one could look at Biff Tannen (Back to the Future) and think he'd make a good president.
delisen
(7,522 posts)Using your office to enrich yourself. I guess this is what Sen Lindsey Graham meant when he said: we are all going to get rich.
no_hypocrisy
(55,819 posts)No immunity. Wasn't conducted under the aegis of presidential duties.
Trump loves to sue. Let those on the other side indulge.
groundloop
(14,019 posts)Somehow, in their feeble minds, them losing money is the fault of Biden, Democrats, Antifa, Libruls...... anyone except their dear leader.
no_hypocrisy
(55,819 posts)flvegan
(66,699 posts)They're either complicit in money laundering/bribery in favor of McTacoTits or they're idiots.
Maybe both.
biophile
(1,727 posts)Blumancru
(407 posts)Prairie Gates
(8,714 posts)A bribe vehicle for the Trump family.
I'm seeing all these stories now of idiot MAGAs who put $10,000 or even $40,000 into the Trump coin and have basically lost everything. One woman's $10,000 coin is now worth less than $120. But these are the suckers.
Plenty of people sunk millions into Trump's crypto scam because they knew it was a bribe. They didn't "lose" the money. They paid the money for favorable business decisions in business they had before the government. So, these criminals pay the Trump family some bribe through the Trump Coin, knowing full well that the money is gone as soon as they hit send on the transfer, but then WE pay them through crooked contracts and favorable regulatory decisions by the federal government. Trump gets paid, they get paid, and the only people left holding the bag are you and me, fellow citizen.
I don't give a shit about the MAGA suckers. I hope they lost everything and suffer. But we need to know who was buying large volumes of these coins so we can track what they got in return. And every single one of them should be in the federal penitentiary.
delisen
(7,522 posts)oasis
(54,415 posts)waa,waa,waa😢😨😓
Orrex
(67,579 posts)twodogsbarking
(19,940 posts)Hope22
(4,974 posts)And empty the last savings accounts! Project 2025
yardwork
(70,106 posts)FakeNoose
(43,190 posts)Are we supposed to feel sorry for them?
They received exactly what they paid for ... a very expensive lesson.

some_of_us_are_sane
(3,872 posts)PatrickforB
(15,563 posts)and driving down the value of their investment. I saw a quote from some machinist who invested in a Trump crypto scam and lost his shirt. Blaming the left. Seriously.
One wonders when these people will lift their heads out of the Fox-talk-radio-podcast sand and see the utter corruption of this crime family.
Raftergirl
(1,920 posts)dlk
(13,488 posts)Cant imagine who.
Blue Owl
(60,182 posts)And went absolutely postal on his fat ass
DoBW
(3,419 posts)
moonshinegnomie
(4,170 posts)im vindictive as hell. i want to see them suffer.
Johonny
(26,871 posts)They were hoping to ride the wave of middle east bribe money, but instead lost it all. Oh well. At least the president made money. Only suckers voted for Trump. Fuck em, they deserve it.
Tim S
(372 posts)patphil
(9,364 posts)There's a sucker born every minute.
A fool and his money are soon parted.
By nature Trump is a grifter. From his university, to his bible, to his steaks, to his shoes, and now his crypto coins.
If it's Trump, you have to know it's just another way to enrich himself at the sucker's expense.
SamKnause
(14,977 posts)PJMcK
(25,250 posts)A fool and his money...
So sad...
NOT!
I have zero sympathy for any idiot who invests in Trump. They are losers.
question everything
(52,685 posts)aggiesal
(11,019 posts)the people that continue to FAFO all of Mierda47's garbage investments.
Idiocracy is a documentary.
Martin68
(28,359 posts)stumpysbear
(305 posts)Only the best, most beautiful conman alive.
Rebl2
(18,015 posts)that. They should have known better.
Xavier Breath
(6,734 posts)Boo1
(669 posts)At the peak is worth about $20 now.