Trump Files $15 Billion Lawsuit Against New York Times Over TRUMP Coin Coverage

In Summary

  • Trump sues NYT for $15B, alleging defamation and business harm
  • Book Lucky Loser and coverage cited as “false, malicious”
  • TRUMP coin loses 88% from January peak, ETF filing underway
  • Lawsuit sparks press freedom and political controversy in US


Catenaa, Sunday, September 21, 2025-President Donald Trump has filed a $15 billion defamation lawsuit against The New York Times and its journalists, alleging the newspaper’s coverage and book publications damaged his reputation and business interests, including his media company’s stock value.

The case, filed in a Florida court on Monday, names reporters Susanne Craig, Russ Buettner, Peter Baker, Michael S. Schmidt, and publisher Penguin Random House.

Trump’s legal team cited articles and the book Lucky Loser, claiming the reporting was false and malicious. He framed the lawsuit as a response to what he calls the Times’ “illegal campaign contribution” to Democrats, pointing to its 2024 front-page endorsement of Kamala Harris.

Trump has previously sued other major outlets, including The Wall Street Journal, ABC News, and Paramount’s 60 Minutes, in efforts to protect his personal and political brand.

The Times has rejected the claims, calling the lawsuit meritless and an attempt to intimidate independent journalism. The dispute highlights Trump’s continued aggressive use of litigation against media organizations he deems hostile, raising concerns about press freedom and the intersection of politics and legal action in the U.S.

The case coincides with a struggling market for Trump’s meme coin, TRUMP, which has lost 88% of its value since January, trading near $8.59. Despite the decline, crypto fund manager Canary Capital filed to launch the first U.S. spot ETF tied to the token, though regulatory approval remains uncertain.

Trump and his family have reportedly earned more than $620 million from digital assets, which now represent 9% of his $6 billion fortune, reflecting his ongoing investment in crypto amid waning retail interest.

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