Trump Family's Crypto Bet Goes Bust: A $1 Billion Lesson in Risk

The Trump family's financial portfolio has taken a serious hit, losing about $1 billion in recent months. This drop is largely due to the declining value of cryptocurrencies, which the family has heavily invested in. According to Bloomberg News, their net worth has gone from $7. 7 billion to $6. 7 billion since September. One of the biggest losses came from Trump Media & Technology Group, the company behind Truth Social. The value of their shares hit a record low, wiping out around $800 million from Trump's stake. This company had put a lot of money into Bitcoin, buying about 11, 500 coins at an average price of $115, 000. However, the value of these coins has dropped by about 25%, which is a significant loss. Another project, World Liberty Financial, also saw its value drop. The WLFI token, which was once worth $6 billion, is now only worth about half of that. Despite this, a spokesperson for the project remains optimistic, saying that crypto is still a viable investment for the long term. Eric Trump's Bitcoin mining venture hasn't fared much better. He and Donald Trump Jr. partnered with Hut 8 Corp to form American Bitcoin Corp, but the value of the company's shares has halved since September. This has cost Eric Trump over $300 million. Additionally, the Trump-branded 'memecoin' has lost about $117 million in value since August and is now worth around $310 million. The Trump family's financial losses come at a time when they are pushing for policies that support cryptocurrencies. In January, President Trump signed an executive order to promote the growth of digital assets. By March, he had established a national strategic Bitcoin reserve, claiming it would position the US as a leader in digital asset strategy.These policies have raised some eyebrows, especially when combined with the family's private investments. In May, Trump invited major stakeholders in his memecoin to a gala dinner, which prompted watchdog groups to warn of potential ethics violations. The administration has denied any conflict of interest. Further controversy arose in October when Trump pardoned Changpeng Zhao, the co-founder of Binance. Zhao had pleaded guilty to enabling money laundering and served a four-month prison sentence. He had previously promoted World Liberty Financial, which boosted the Trump family's wealth early in Trump's current term. Critics questioned whether the pardon was linked to Zhao's role in supporting the family's ventures. The White House defended the decision, framing it as a response to what it called former President Joe Biden's 'war on cryptocurrency. ' The collapse of $1 billion in family wealth highlights the risks of tying presidential fortunes to volatile markets. While Eric Trump insists the downturn is 'a great buying opportunity, ' critics argue that the overlap between public policy and private investment raises serious ethical concerns. For supporters, the family's resilience mirrors the cyclical nature of Bitcoin itself, which has repeatedly rebounded after sharp declines. For detractors, the losses highlight the fragility of an empire built on speculative assets and the blurred lines between presidential power and personal profit.