The Trump family's foray into cryptocurrency has yielded a staggering $2.3 billion profit, while retail investors suffered combined losses of a similar magnitude, according to a Reuters investigation.

The $2.3 Billion Profit: A Record for a Sitting President

The report details how President Donald Trump and his family generated at least $2.3 billion from four cryptocurrency projects with minimal risk ,while investors suffeered similar losses.

The four projects include the $TRUMP meme coin, World Liberty Financial, and two publicly listed firms, American Bitcoin and ALT5 Sigma (now AI Financial Corp).

The playbook involved minimal upfront risk for the Trumps, aggressive promotion by Trump family members, and retail investors piling in before the assets' values collapsed.

Aggressive Promotion and Retail Investors' Losses

The report highlights concerns about conflicts of interest and the exploitation of retail investors in a highly speculative market.

Notably,two of the four ventures have sold more crypto tokens by value than any other project except one, and the family's total profit from crypto surpasses that of any U.S.-listed company in the same period.

The article also provides a personal story:Fatime Elrgdawy, a 29-year-old software engineer, invested $2,000 in the $TRUMP meme coin after seeing an online message from Trump.

Her investment shrank to under $120 by the end of May, while the Trump family made hundreds of millions from the token's sale.

Transparency and Accountability Concerns

The piece underscores the lack of transparency and potential legal and ethical issues, especially given Trump's position as president.

The use of crypto, a largely unregulated space, allowed the family to raise massive sums with few disclosures .

The report by Reuters is the first to quantify the scale of both gains and losses , revealing a transfer of wealth from millions of retail buyers to the first family.