Trump's fortune drops as midterm losses send his media stock and crypto tokens tumbling

Trump Media & Technology Group shares closed Wednesday at an all-time low after Democrats swept the midterm elections; his family's digital tokens also fell.

• Trump Media & Technology Group shares fell 24.54% on Wednesday to close at $4.49, the stock's lowest closing price ever.
• The TRUMP coin dropped 17% to $1.33, and World Liberty Financial's WLFI token fell more than 7% to $0.047.
• Bloomberg reported that crypto companies linked to Trump hired lawyers and lobbyists in anticipation of Democratic investigations.
• The White House said it sees no conflict of interest in Trump's business ventures.