Veteran investor Ross Gerber highlighted on Thursday, July 2, a report revealing that more than one million people lost money while President Donald Trump made a fortune from those same ventures.

Donald Trump reports $635 million in royalties from the $TRUMP meme coin while retail investors have collectively lost over $700 million on the token.

Reuters investigation reveals Trump family earned over $1.4B from crypto ventures including World Liberty Financial and $TRUMP memecoin as investors lost