Looks like the summer rally didn't treat everyone equally. Financial media outlets are tracking a notable wealth shift—the former president's portfolio took a serious hit, dropping roughly $1 billion since mid-year. The culprit? His family's crypto bets haven't exactly panned out as planned. American Bitcoin and World LibertyFi, two ventures tied to the Trump circle, have been bleeding value over the past several months. When high-profile names dive into digital assets, the market watches closely. And right now, those numbers tell a story of significant paper losses stacking up.
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DegenWhisperer
· 10h ago
This is the celebrity effect in the crypto world—when the hype goes overboard, debts have to be repaid.
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AirdropHuntress
· 14h ago
One billion dollars evaporated—this is the ceiling of background and capital. After research and analysis, the tokenomics design of American Bitcoin and World LibertyFi had problems from the very beginning.
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MEVvictim
· 12-05 00:00
Paper losses? Isn't that just the daily routine for us retail investors? Haha.
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UncleWhale
· 12-04 23:48
A billion dollars can vanish in an instant—that's crypto for you, haha.
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OnchainDetectiveBing
· 12-04 23:32
Oh no, this is what they call "even the big players can fail." A hundred million just gone like that...
Looks like the summer rally didn't treat everyone equally. Financial media outlets are tracking a notable wealth shift—the former president's portfolio took a serious hit, dropping roughly $1 billion since mid-year. The culprit? His family's crypto bets haven't exactly panned out as planned. American Bitcoin and World LibertyFi, two ventures tied to the Trump circle, have been bleeding value over the past several months. When high-profile names dive into digital assets, the market watches closely. And right now, those numbers tell a story of significant paper losses stacking up.