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International Business Times UK

World

Bernadette B. Tixon

Trump's $1 Billion Crypto Collapse Fuels Scrutiny Over Family Ventures and Presidential Ethics

Eric Trump Donald Trump Donald Trump Jr. Crypto Ethics Bitcoin Ash Changpeng Zhao World Liberty Financial

President Donald Trump’s family fortune has fallen by $1 billion amid a crypto market crash, with Bloomberg reporting their net worth now at $6.7 billion, down from $7.7 billion in September. (Credit: Gage Skidmore/FlickrCC BY-SA 4.0)

President Donald Trump's family fortune has contracted by approximately $1 billion (£795 million) in recent months, driven by steep declines across the wider cryptocurrency market. According to data from Bloomberg News, the First Family's net worth now stands at roughly $6.7 billion, down from $7.7 billion in September, with the losses directly tied to their extensive and volatile holdings in the digital asset sector.

Heavy Losses Across Ventures

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