Truth Social Hits All-Time Low as CEO Sells His Crashing Stock - eviltoast

Unfortunately, Trump will still likely come out much richer than he was before. It’s still nice to see.

  • protist@mander.xyz
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    2 months ago

    Correct me if I’m wrong, but I believe they’re already under investigation for breaking the law when the original SPAC openly said they were going to merge with Truth Social when the law says SPACs have to remain agnostic about what companies they may merge with until they do so

      • orclev@lemmy.world
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        2 months ago

        They’ve got to wait long enough for Trump to finish dumping all his stock. Sure he may face a court case about it down the line, but that’s nothing new, he’ll have already laundered the money by that point and stashed it away somewhere.

      • kent_eh@lemmy.ca
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        2 months ago

        they’re taking way too fucking long

        Properly investigating most crimes, especially financial crimes, takes a lot of time and a lot of resources to get right.

        Especially when there are a lot of people involved who are actively trying to hide some of their shady shit.

        You want the results of the investigation to be able to withstand the court process and all the challenges the defendant will throw at it.

        You don’t get a second chance with things like this, you’ve got to get it right the first time.