Days before his inauguration, Donald Trump launched a personal cryptocurrency called $TRUMP. It instantly hit a $15 billion valuation. Then it collapsed 97% — from $74 at its peak to $1.66 today. A $10,000 investment on Inauguration Day is now worth $364. Nearly one million wallets recorded combined losses of $3.81 billion. Yet Trump’s own government financial disclosure shows he made $1.4 billion from the same coin in a single year. We break down exactly how that was possible — the licensing fees that paid him on every single trade regardless of price direction, the black-tie dinner where the top 220 coin holders paid millions for access to a sitting president, the UAE royal family’s $500 million stake in his crypto venture days before his inauguration, and why there is currently no law preventing a US president from launching a personal cryptocurrency while in office and collecting billions from it.
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