Trump family got about $500M from crypto venture — but investors saw steep losses

Photo: President Donald J. Trump Makes An Announcement on Coal – June 4, 2026. Photo credit: Official White House photo by Molly Riley via Flickr. US government work. Article by Matt Peterson. CNBC – June 9, 2026.

Back in August, Eric Trump and Donald Trump Jr. were all smiles. They showed up at the Nasdaq stock exchange in New York to celebrate a new business partnership with a little-known publicly traded company, then called Alt5 Sigma, to give investors easier access to a cryptocurrency backed by the Trump family. Less than 10 months later, the company has warned investors it may not be able to stay in business much longer. Its share price has fallen more than 90%, and a rebranding hasn’t revived investor interest. […]

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