Trump Coin Loses Retail Investors | Virginia Beach News

Trump’s meme coin blew up — and then crashed, wiping out nearly $3.8 billion in retail investor losses while he personally pocketed over $636 million. With nearly a million people losing money and the coin plummeting 97% from its peak, critics are calling it a “legal scam” for leveraging his platform to push trading on Truth Social. The White House defends it as a win for U.S. crypto leadership, but legal experts question whether the coin’s own warnings were enough to shield Trump from future lawsuits. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6e5aab864037b5ba