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Trump-linked American Bitcoin has lost over 90% of its value

Original: Trump-related American Bitcoin has lost more than 90% of its value

American Bitcoin, a cryptocurrency venture associated with the Trump family, has lost more than 90% of its value, according to a report by Protos. The collapse marks a dramatic fall for a token that drew attention because of its political connections, and it has reignited criticism of crypto projects marketed on the Trump name.

Why now: The scale of the losses in a politically connected crypto venture is drawing attention amid ongoing scrutiny of the Trump family's crypto dealings.

American BitcoinDonald TrumpTrump family

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