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iemanja

(57,827 posts)
Sat Jul 4, 2026, 04:08 PM Yesterday

Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin

Source: New York Times

Nearly 1 million people who bought President Trump’s 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.

The analytics firm’s assessment was calculated this week after Mr. Trump signed an annual financial disclosure showing that he walked away with a $636 million payout on the same crypto bet, part of a haul of at least $2.2 billion from all of his business ventures in 2025.

The odds were always in his favor. Mr. Trump profited whether the price of his memecoin went up or down. He collected returns whenever anyone traded the tokens, as he repeatedly pushed his followers to do, using his Truth Social account to promote the coin. . .

Cumulatively, these 988,905 wallets have lost a total of $3.81 billion, including buyers who have held on to their stash and recorded paper losses, according to Nansen. The coin was trading at $1.76 as of Friday, down 97 percent from its peak price of $75.35.

Read more: https://www.nytimes.com/2026/07/04/us/politics/trump-coin-crypto-investors-loss.html



Forever a grifter.
34 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin (Original Post) iemanja Yesterday OP
I have absolutely zero sympathy. RockRaven Yesterday #1
They bought that crypto because they are cultists. iemanja Yesterday #3
I'm delighted! Du916 Yesterday #12
Trump is a KNOWN con man Skittles 19 hrs ago #20
Cheeto knows his chumps peppertree 16 hrs ago #21
They are like some "tough guy" who tried to pick a fight with the NBA's Charles Barkley in a club. Botany 10 hrs ago #30
He really needs a hat that says that he is a cheater and traitor on the front.........or a Con man turbinetree Yesterday #2
PT Barnum smiles. paleotn Yesterday #4
Told gf's family I was going to invest her money in Trump Norrrm Yesterday #5
That's horrible underpants Yesterday #6
That reads like a story from "The Onion".... AZ8theist Yesterday #7
This message was self-deleted by its author mahina 14 hrs ago #23
Investors? Nope, suckers. twodogsbarking Yesterday #8
"Nearly a million investors" were losers ... none of them named Trump 11 Bravo Yesterday #9
Cue the sad trombone...! Grins Yesterday #10
How many were liberals? BidenRocks Yesterday #11
None. iemanja 23 hrs ago #15
Good. SamuelAdams 23 hrs ago #13
Too bad, so sad 😞 oasis 23 hrs ago #14
Crypto, gypto, klepto!!! oasis 23 hrs ago #16
Good news! The Felon found much of that lost money. Buddyzbuddy 22 hrs ago #17
Meanwhile, DJT stock is down 90% from historical highs Kaleva 21 hrs ago #18
Shared on FB. Martin68 20 hrs ago #19
To me, crypto is a fool's game. sakabatou 16 hrs ago #22
I remember something from when I was a kid. Old Crank 12 hrs ago #24
it is the bible , crank, proverbs 21:20 rampartd 11 hrs ago #27
That TrashCoin debuted on MLK Day / Inauguration Day in January 2025. John1956PA 11 hrs ago #25
"a fool and his money are soon parted" proverbs 21:20 rampartd 11 hrs ago #26
MAGA Business Acumen Equals modrepub 11 hrs ago #29
Trump's recent financial disclosures revealed $2.2 billion in earnings were largely from cryptocurrency ventures. sop 11 hrs ago #28
Can anyone guess.... SergeStorms 8 hrs ago #31
What could go wrong investing in tulip bulbs? multigraincracker 8 hrs ago #32
"A fool and his money are soon parted" IbogaProject 7 hrs ago #33
You put it a lot nicer then I would have. mdbl 4 hrs ago #34

RockRaven

(20,141 posts)
1. I have absolutely zero sympathy.
Sat Jul 4, 2026, 04:21 PM
Yesterday

I acknowledge they have experienced a loss. I acknowledge they may experience adverse material consequences of the change to their financial circumstances.

I am just completely unmoved. I've been tired out into indifference.

The course of events was not only predictable, it was predicted. All over the place. For everyone to see and hear.

And these grown-ass adults insisted on touching the hot stove, again, while yelling at the rest of us to fuck off. Okay. Bye.

iemanja

(57,827 posts)
3. They bought that crypto because they are cultists.
Sat Jul 4, 2026, 04:23 PM
Yesterday

No serious investor would buy anything from Trump.

Du916

(160 posts)
12. I'm delighted!
Sat Jul 4, 2026, 06:26 PM
Yesterday

I’m glad to see MAGA dumbfucks getting fleeced by the grifter they elected. I hope they all suffer and have to use SNAP to pay for their pork rinds and Twinkies. Too fucking bad.

Botany

(78,365 posts)
30. They are like some "tough guy" who tried to pick a fight with the NBA's Charles Barkley in a club.
Sun Jul 5, 2026, 08:34 AM
10 hrs ago

Barkley threw him through a window out onto the sidewalk. The guy tried to sue Barkley and
the Judge dropped the case and asked the guy what kind of stupid was he? If you invested in
something to do with Trump who has been a thief and a con man for 60 + years then expect to
lose your money. Just like picking a fight with one the strongest men in the NBA you will lose.

turbinetree

(27,878 posts)
2. He really needs a hat that says that he is a cheater and traitor on the front.........or a Con man
Sat Jul 4, 2026, 04:21 PM
Yesterday

and they want to put this crap into peoples 401k's............what could possibly go wrong ................oh I don't know having 3.81 billion lost forever............what backs this crap.............word of mouth...........I got a bridge..........cheap..........

Norrrm

(6,233 posts)
5. Told gf's family I was going to invest her money in Trump
Sat Jul 4, 2026, 04:45 PM
Yesterday

They are solid Trumpers.
Brother asked if I had power of attorney.
Daughter called just before midnight when she read the email.
... Was worried I would really do it.
... Could not admit Trump was a crook/dishonest.
... Said Trump did not need her money with all his "millions".
Son - no reply - knew I would never do such a stupid thing.
-----------------------------------------
GF's investments are not doing that well. I'm going to have her cash out all of her stocks, money market accounts, and other investments. Her house has a huge amount of equity for a home loan.
Put the money into a sure thing, a golden opportunity, all from a known, successful businessman, Donald J Trump.
It is wise to diversify, so half will go to his stock, DJT, and half to his crypto currency. The stock is down slightly so it is a good opportunity before he brings it back up with his business acumen.
His crypto currency will be partially managed/advised by his three capable sons... Looking forward to great returns from a brilliant businessman with no risk of downside.
It's no wonder people have such great faith in him.

Response to Norrrm (Reply #5)

Old Crank

(7,457 posts)
24. I remember something from when I was a kid.
Sun Jul 5, 2026, 05:52 AM
12 hrs ago
I think it went like this:

A fool and his mony are soon parted.

rampartd

(5,672 posts)
27. it is the bible , crank, proverbs 21:20
Sun Jul 5, 2026, 07:23 AM
11 hrs ago

the issue of con men seems to have arisen early in the bronze age.

John1956PA

(5,155 posts)
25. That TrashCoin debuted on MLK Day / Inauguration Day in January 2025.
Sun Jul 5, 2026, 07:17 AM
11 hrs ago

Diehard Trumpers were miffed that the financial markets were closed, thereby preventing them from liquidating their solid investments and jumping into Trump's con-coin.

rampartd

(5,672 posts)
26. "a fool and his money are soon parted" proverbs 21:20
Sun Jul 5, 2026, 07:21 AM
11 hrs ago

"there is a sucker born every minute" p t barnum

sop

(20,011 posts)
28. Trump's recent financial disclosures revealed $2.2 billion in earnings were largely from cryptocurrency ventures.
Sun Jul 5, 2026, 07:35 AM
11 hrs ago

I guess his sons took the other $1.6 billion.

SergeStorms

(21,153 posts)
31. Can anyone guess....
Sun Jul 5, 2026, 09:47 AM
8 hrs ago

who FOUND that $3.8 billion?

I can quite honestly say it was a family's name that begins with the letter "T" and has a "rump" after said "T."

See if you can guess. 😁

IbogaProject

(6,202 posts)
33. "A fool and his money are soon parted"
Sun Jul 5, 2026, 11:31 AM
7 hrs ago

I feel bad for any kids who suffer from their foolishness.

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