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International Business Times UK
International Business Times UK
Politics
Niloy Chakrabarti

'He Was Going to Be the First Crypto President': US Veteran Says He Lost $70K After Buying Trump Coins

Donald Trump Richard Blumenthal Crypto United States Melania Connecticut
Senator Blumenthal said Trump made $1.4 billion from crypto, including $636 million from meme coins, enriching himself and his insiders. (Credit: The White House / Flickr)

US Senator from Connecticut Richard Blumenthal recently launched a scathing attack on President Donald Trump and his cryptocurrency schemes.

At a recent forum on crypto in the Trump Administration, Blumenthal had said Trump's priority during the days before he assumed office for the second time was 'cashing in' by launching what he had called the official $TRUMP meme coin.

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