Trump Family Profited $320M on Memecoin Despite 87% Decline Since Day One
The family of U.S. President Donald Trump made $320 million in fees from the TRUMP memecoin while the majority of retail investors lost money, data shows.
The family's net worth increased by $2.9 billion related to crypto with 40% of that figure held in crypto assets, according to the State Democracy Defenders Fund.
There have been calls for the president's impeachment from Democrats who scrutinized a private crypto dinner event Trump hosted at his Virginia golf club.
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