Former President Donald Trump’s new social media company is under investigation from the federal government.
Trump revealed in October that he would take Trump Media & Technology Group and TRUTH Social, his new social media platform, public through a special purpose acquisition company (SPAC) merger. However, according to CNBC, the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) is requesting information “regarding stock trading and communications with Trump’s firm before the deal was announced.”
CNBC reported:
The investigations by the SEC and the Financial Industry Regulatory Authority were disclosed in an 8-K filing with the SEC by Digital World Acquisition Corp., the special purpose acquisition company on track to merge with Trump Media & Technology Group…
The filing comes just two days after Trump Media & Technology Group and DWAC said the SPAC had reached agreements to obtain $1 billion in committed capital from a “diverse group of institutional investors” to be received when the merger is consummated. The identities of those investors in that so-called PIPE, or private investment in public equity, were not publicly disclosed.
via maganews2020
Sounds like Suckerburg and his allies don’t want competition and don’t want the truth to be available to us commoners.
That’s exactly it.
Can the man catch a break , huh ? Before he decided to run for president you were all lining up to kiss his ring , like world leaders lined up to have their butt kissed by his predecessor . The whole world sees it and it kinda makes makes you look silly .
DemocRats are scared of anything Trump touch, because wherever he touch, putrid pus comes out of the actual goverment, they are really sick refusing any remedy.
They are overplaying their hand and just hanging themselves in the process. They will go down for this.
I hope voters come to see all the corrupt DemonRats do is conduct multi million dollar absolutely pointless investigations!!
Apparently, Trump thinks that he is amine to the laws of the land. Trump’s Con is beginning to brake down and he doesn’t have the office of the president to hide behind. Trump has been raising funds for under false pretests and lured a Congressman to resize and take over his soon to be defunct social media. In doing so, he violated FCC and a number of other Federal laws restricting such behavior.
That is just rubbish. You push the same garbage NY DA Cy Vance investigated and declared there was noting amiss. No charges. BOTTOMLINE – This fuss is over ONE THING & ONE THING ONLY. Democrats want to know who his backers are, so they can start hounding them. NO OTHER REASON. Or tell me and the world. YOU know more than NY DA Cy Vance. I do not think so. And NY DA Cy Vance a staunch anti-Trumper, was thoroughly diligent, he wanted to get Trump. He made no apologies about it. BUT GIVE NY DA CY VANCE CREDIT. After an exhaustive investigation he had the honesty to come out and say, there is noting here for which Donald Trump can be prosecuted. GO and peddle your bigoted foolish views in North Korea or Iran.
What con does Trump have? Give examples and proof! Let’s discuss corrupt pedo Biden and his crime family!
Here we go again, anything to do with Trump must be investigated, stopped, make up lies about and do anything possible to stop his venture from telling the truth through a media arena. I NEVER IN MY LIFE WOULD HAVE THOUGHT OUR GOVERNMENT WOULD BE THE MOST CROOKED GOVERNMENT IN THE WORLD. sINCE DAY ONE OF THIS ADMINISTRATION THEY HAVE DONE NOTHING BUT TO TAKE RIGHTS AND EVERYTHING ELSE AWAY FROM THE TAX PAYERS. iT WILL NOT BE LONG THAT WE THE PEOPLE WILL NOT HAVE ANY RIGHTS AT ALL. AND TO THANK THAT THEY SHOT PRESIDENT KENNEDY, ALWAYS THE GOOD GUYS GET IT FIRST. GOD BLESS AMERICA.