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riversedge

(81,472 posts)
Thu May 7, 2026, 04:18 PM Thursday

Elizabeth Warren: The Trump family crypto project quietly cashed in while regular investors got stuck holding the bag.



‪Elizabeth Warren‬ ‪@warren.senate.gov‬
· 42m
The Trump family crypto project quietly cashed in while regular investors got stuck holding the bag.

Any crypto legislation that doesn’t shut down this presidential corruption and protect investors isn’t worth the paper it’s written on.

The Trump family crypto project quietly cashed in while regular investors got stuck holding the bag.

Any crypto legislation that doesn’t shut down this presidential corruption and protect investors isn’t worth the paper it’s written on.

Elizabeth Warren (@warren.senate.gov) 2026-05-07T19:24:18.427Z





Trump family crypto project quietly sold as holders got stuck
With token prices falling, World Liberty’s broader corporate orbit is showing strain

https://financialpost.com/fp-finance/cryptocurrency/trump-family-crypto-project-sold




Bloomberg News Olga Kharif
Published May 01, 2026


The pitch was straightforward: Invest in the cryptocurrency venture of Donald Trump and his family, back the industry’s most powerful ally at the peak of their influence, and share the spoils.


Investors said yes, putting in more than US$550 million across two fundraising rounds.








?quality=90&strip=all&w=944&h=708&type=webp&sig=rY7bLglLwUhCrx1Lu3iU3A

Chase Herro, co-founder of World Liberty Financial, from second left, Donald Trump Jr., executive vice president of development and acquisitions for Trump Organization Inc., Zach Witkoff, co-founder and chief executive officer of World Liberty Financial and chairman of ALT5 Sigma Corp., Eric Trump, executive vice president of Trump Organization Inc., Zak Folkman, co-founder of World Liberty Financial, and Scott Alper, president and chief investment officer of The Witkoff Group, ring the opening bell at the Nasdaq MarketSite in New York, US, on Wednesday, Aug. 13, 2025.

The broader Trump family business has been reshaped by crypto. The family built its fortune on licensing the Trump name, real estate, Bibles, sneakers, but digital assets have opened a new revenue stream. Photo by Adam Gray/Bloomberg
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Elizabeth Warren: The Trump family crypto project quietly cashed in while regular investors got stuck holding the bag. (Original Post) riversedge Thursday OP
And the Grift continues. When will people have enough of this clown. He continues to diminish the US in the eyes of the Pisces Thursday #1
Trump family gets 75% of crypto coin revenue, has no liability, new document reveals (2024) Norrrm Thursday #2

Pisces

(6,306 posts)
1. And the Grift continues. When will people have enough of this clown. He continues to diminish the US in the eyes of the
Thu May 7, 2026, 04:23 PM
Thursday

world, as he profits from the office. It is disgusting and disheartening. Trump fiddles with his pile of gold while the US burns.

Norrrm

(5,500 posts)
2. Trump family gets 75% of crypto coin revenue, has no liability, new document reveals (2024)
Thu May 7, 2026, 05:00 PM
Thursday

Trump family gets 75% of crypto coin revenue, has no liability, new document reveals (2024)

https://www.nbcnews.com/tech/crypto/trump-family-gets-75-crypto-coin-revenue-no-liability-new-document-rev-rcna176088
-------------------------------
The big money return in crypto is:::
1. Starting it, hyping it, selling it, and getting out, leaving the
suckers holding the bag.
2. Handling/storing it for others.
...a. Not your own money/crypto. Someone else's money/crypto.
...b. Lots of fraud/money manipulation/theft/lack of regulation.
3. Backed by trust/faith/great promises/optimism... but no
real assets.
4. It can literally disappear and good luck with lawsuits.
------------------
A very few have profited by 'investing' but not the majority.

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