The Trump family’s cryptocurrency ventures are hemorrhaging money in a stunning collapse playing out in real-time.
Multiple memecoins and cryptocurrencies founded or promoted by President Donald Trump and his sons are now losing value at a faster rate than bitcoin, which has plunged around 25 percent from its October peak of roughly $126,000 during a particularly turbulent period for the world’s most valuable digital asset.
That includes World Liberty Financial, the Trump family’s flagship crypto venture, whose token has fallen more than 30 percent from its September peak. Shares of Alt5 Sigma—previously linked to World Liberty Financial—have also cratered by roughly 75 percent as the company faces potential financial reporting violations and other legal issues, Bloomberg News reported.

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