Trump Media co-founders sue company, alleging a scheme to dilute shares

Discussion in 'Current Events' started by Arkanis, Mar 1, 2024.

  1. Arkanis

    Arkanis Well-Known Member

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    The co-founders of former president Donald Trump’s media company filed a lawsuit Wednesday, claiming that Trump and other leaders had schemed to deprive them of a stake in the company that could be worth hundreds of millions of dollars.

    The case could complicate a long-delayed bid by Trump Media & Technology Group, owner of the social network Truth Social, to merge with a special purpose acquisition company called Digital World Acquisition and become a publicly traded company.


    https://www.washingtonpost.com/technology/2024/02/29/truth-social-lawsuit-trump-media-founders/
    ___________________________

    That people still want to do business with Trump is beyond me.

    The guy has filed for bankruptcy six times and been convicted of fraud three time since 2017.

    No mercy for Trump associates.... but I'm still glad the guy ends up with another lawsuit on his hands.
     
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  2. The Mello Guy

    The Mello Guy Well-Known Member

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    Hahah good! Hold up his cash influx so he has to sell someone to pay his many legal judgements off.
     
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  3. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Why do people still do business with him? $$ signs cloud judgement. Greed always wins. He is great at exploiting this.
     
    Last edited: Mar 1, 2024
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  4. cd8ed

    cd8ed Well-Known Member Past Donor

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    It’s always hilarious to me when people find out trump is a lying fraud and then are surprised by it.

    It’s not like he doesn’t have a history of fraud dating back to his early inheritance not to mention current events.

    But you know what they say — a fool is born every minute. And boy oh boy can trump find them and suck them dry.
     
    Last edited: Mar 1, 2024
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  5. Arkanis

    Arkanis Well-Known Member

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    Marjorie Taylor Greene invested in Truth Social from the start and lost over $40K.

    But the cult is too strong, she's still with Trump all the way.

    The guy just has guru power over a certain type of person.
     
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