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Fortune·3 min read·medium

Nearly 1 million investors in Trump's memecoin lost a collective $3.8 billion as he cashed in - Fortune

M
Marco Quiroz-Gutierrez
Nearly 1 million investors in Trump's memecoin lost a collective $3.8 billion as he cashed in - Fortune
AI Summary

A new report indicates that nearly 1 million investors in Donald Trump's cryptocurrency project have lost a combined $3.8 billion. While investors suffered significant losses, the former president reportedly earned hundreds of millions from the venture.

President Donald Trump has raked in hundreds of millions of dollars from his signature cryptocurrency while his supporters have largely been left holding the bag, according to a report.Of the 1.48 mi…

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