Trump Earned $636 Million as TRUMP Memecoin Investors Lost $3.81 Billion by June

A report on Trump’s crypto business says nearly 1 million investors who bought his memecoin lost money through the end of June, with Nansen data cited as showing losses totaling $3.81 billion.

The same reporting says Trump’s 2025 financial disclosure showed he received a $636 million payout tied to the TRUMP memecoin, and that his crypto income reached more than $1.4 billion during 2025.

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One analysis also puts the scale of the disparity in wallet terms, saying 988,905 buyers of the $TRUMP memecoin were in a loss by the end of June, representing roughly two out of every three buyers.

The token’s market decline is described as steep, with one account saying it was trading at $1.76 as of Tuesday and down 97% from its peak of $75 early last year.

In the same dataset, Nansen found that around 500,000 wallets earned $4 billion in profits, while the majority of retail buyers absorbed the losses.

The reporting ties Trump’s earnings to transaction fees, saying his structure earned him fee revenue on every transaction regardless of whether the cryptocurrency’s price rose.

It also says Trump repeatedly encouraged purchases of the Trump cryptocurrency on Truth Social, and that a New York Times report cited Nansen data showing the losses were concentrated among later buyers.

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In one account, a White House spokesperson Anna Kelly rejected the idea that Trump cashed in at the expense of followers, saying, "All actions by President Trump and his administration are taken in the best interest of the American people."

Another quoted voice, New York University law professor Stephen Gillers, warned that after Trump leaves office there is a possibility investors who suffered losses will file a class-action lawsuit, noting that "Trump gave investors the expectation that they could make a lot of money, but he himself cashed out and reaped the profits."

The same coverage says the token traded at $1.76 as of late last month and that the early rally faded quickly, leaving later buyers with losses.

Beyond the TRUMP token, the reporting says the Trump family is also connected to World Liberty Financial through the WLFI token, with Nansen tracking 26,663 wallets and finding 85% recorded losses totaling $83 million.

“Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption”

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One account says the WLFI token trades at $0.057, down 82% since September last year, while another says it was changing hands around $0.056 per token and down more than 80% from its peak.

The political debate is framed around ethics rules and pending legislation, with one report citing the CLARITY Act and saying it would include a ban on earnings from the crypto industry for the president, vice president, administration officials, members of Congress, and their families.

Another legislative proposal described is the MEME Act, which would prohibit the president and his family from profiting from digital assets and impose five years of prison for violations.

The stakes are also tied to the possibility of legal action after Trump’s term, with one quoted warning saying there is a possibility that investors who suffered losses will file a class-action lawsuit.