The number is almost too clean to be real. A Reuters investigation found that President Trump's family made roughly $2.3 billion from four crypto ventures while putting up little to no capital of their own, and that outside investors lost an almost identical $2.3 billion in the same projects. More than a million buyers absorbed those losses.
For scale, the family's crypto ventures out-earned Coinbase, which posted about $2.1 billion in income over the same stretch. Asked about it in a July 2 CNBC interview, Trump said he wasn't even aware of the windfall: