‘This is all now worthless’: Trump crypto investors watch bottom fall out after midterms

Summary

Supporters of Donald Trump’s family’s crypto ventures who went all in are now saddled with investments worth a fraction of what they paid after the midterm results further depressed their value . The Trump-branded crypto market has slumped since last week’s election, the Washington Sun reported, as investors bet that a weakened president means weaker returns. The threat of congressional scrutiny isn’t helping. Democrats, set to take over both chambers in January, have promised to look into the Trump family’s crypto empire. The pressure is already showing, according to the report. World…

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