NewsUS NewsDonald TrumpThe Trump family made about $500 million from the sale of $1.5 billion in cryptocurrency - but left investors with major losses, a report has claimed21:04, 09 Jun 2026Updated 21:41, 09 Jun 2026President Donald Trump and members of his family made about $500 million from the sale of $1.5 billion in cryptocurrency - but left investors with major losses, according to a report.‌Eric Trump and Donald Trump Jr reportedly appeared at Nasdaq in New York in August last year to celebrate a new business partnership with a company then called Alt5 Sigma, which would give investors easier access to a cryptocurrency backed by the Trump family.‌However, the share price of the company - now called AI Financial Corp - has since fallen more than 90 per cent and it has warned investors it may not be able to stay in business much longer.‌AI Financial Corp is at risk of being delisted by the Nasdaq if it is unable to raise its share price out of penny-stock levels in the next 15 trading days, CNBC reports.As part of the deal between Alt5 Sigma and the Trump family in August, Alt5 acquired $1.5 billion worth of crypto tokens from World Liberty Financial, the crypto company co-founded by Eric Trump, Donald Trump Jr and others in 2024.The president and undisclosed members of his family were entitled to roughly $500 million in proceeds from the crypto sale, according to disclosures by World Liberty Financial, CNBC reports.‌Alt5 closed at $8.97 on August 8, the last trading day before the World Liberty deal was announced. Since then, AI Financial ’s stock - originally trading under the ticker ALTS, now AIFC - fell to 66 cents a share at the June 8 close, a 93 per cent loss, according to FactSet data.The report said the company later disclosed in an SEC filing that its liabilities exceeded its assets, raising "substantial doubt" about its ability to continue operating over the next year.AI Financial has also reportedly gone through three chief executives and three outside auditors since the deal was announced, while the value of its holdings of World Liberty's WLFI cryptocurrency has dropped sharply.‌The White House dismissed questions about the family’s involvement in AI Financial and the prospect of it going bankrupt."President Trump’s assets are in a trust managed by his children. There are no conflicts of interest," White House spokeswoman Anna Kelly told CNBC.Eric Trump in a post on X in May said he has "zero leadership or decision-making role in the company".Article continues belowMeanwhile, a spokesperson for AI Financial dismissed what he called "unfounded accusations and speculation", saying its "management team is laser-focused on building its business, serving its customers, and creating long-term value for shareholders".Choose Daily Mirror as a 'Preferred Source' on Google News for quick access to the news you value.‌United StatesDonald Trump