A new report by the New York Times reveals that almost 1 million investors lost over $3.8 billion in Trump's memecoin, which plummeted from a peak of $75.35 to just $1.76.The cryptocurrency analytics firm Nansen analyzed the data, showing that 988,905 buyers suffered total losses of $3.81 billion.President Donald Trump profited from the coin's trading activity regardless of its price fluctuations, earning an estimated $2.2 billion since returning to the White House in 2025.

Crypto trader Nicholas Pinto, who lost around $500,000, criticized the venture as a 'legal scam,' noting Trump's use of presidential influence to launch the currency.

The coin's drastic decline and allegations of exploitation have sparked debates about accountability and ethical concerns in cryptocurrency investments.