Watchdog group Public Citizen claims that crypto schemes tied to Donald Trump have cost investors a whopping $4.7 billion. That’s according to a Cointelegraph report citing the organization’s findings. Interestingly, Public Citizen says holders of the USD1 stablecoin from World Liberty Financial "didn’t take on major losses," while investors in other Trump-linked projects saw billions go up in smoke.

What Public Citizen Is Saying

The group alleges that total investor losses from crypto projects connected to Trump hit $4.7 billion. They don’t break down exactly how they calculated that number. What stands out, though, is the USD1 stablecoin: according to Public Citizen, its holders "didn’t experience serious drawdowns." That’s a rare bright spot compared to the carnage elsewhere.

Context: USD1 and Other Trump Crypto Plays

World Liberty Financial is behind the USD1 stablecoin. Public Citizen specifically notes that USD1 holders have avoided "significant losses." But the group points to multi-billion dollar losses for investors in other Trump-branded crypto initiatives.

Why This Matters for the Market

News of such massive losses is putting the spotlight back on the risks retail investors face with personality-driven crypto projects—and on the need for more transparency from token issuers. The TRUMP token is among those mentioned in the report.