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Trump Family’s Crypto Ventures Add $1.3 Billion in Weeks

Critics question conflicts of interest tied to locked token holdings.

Overview

  • WLFI opened trading on Sept. 1 and a token-purchase deal with Alt5 Sigma lifted the Trumps’ tally by about $670 million, according to Bloomberg.
  • American Bitcoin’s Sept. 3 market debut briefly valued Eric Trump’s roughly 7.5% stake above $500 million.
  • Bloomberg’s wealth estimate excludes about $4 billion of WLFI tokens allocated to the family that remain locked and non-tradeable.
  • WLFI has faced backlash for freezing 272 wallets through a blacklist program, drawing investor-protection and fairness concerns.
  • Backers say the family is exploring tokenized real estate, as ethics watchdogs and Democratic lawmakers warn about potential conflicts under a friendlier regulatory posture.