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The Latest Breaking News from Digital World

Federal investigators examined Trump Media for possible money laundering, sources say

New York prosecutors expanded criminal inquiry of company last year and examined acceptance of $8m with suspected Russian ties

The Guardian - US

Trump's return to Facebook could be major fundraising boost

Meta's decision to soon reinstate Donald Trump’s Facebook account comes at a critical moment as the former president tries to gain momentum in what has been widely derided as a lackluster start to his third bid for the White House

The Independent UK

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

Benzinga

From analysis to the latest developments in health,
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'See The Problem?': Short Seller Jim Chanos Rips Into Trump's DWAC Stock Valuation Amid Share Spike

A leading short seller is warning investors to remain cautious on one of Monday's the top stock gainers. Here’s a look at one of the biggest stocks related to Donald Trump and why it’s moving and what could be next.

Benzinga

Google is now distributing Truth Social, Trump's Twitter alternative

It is an about-face for the tech giant, which had blocked Trump's social media app from Google Play, its app store, over content that can incite violence.

WEKU

Key shareholder vote on Truth Social delayed, while Trump Media exec gets suspended

The merger between a Miami-based investment company and former President Donald Trump’s media firm remained uncertain Monday, when a critical shareholder vote on a deadline extension was put on hold.

Miami Herald

Another 'Yuge' Setback For Donald Trump's SPAC Merger Deal: Will The Deal Fall Apart?

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation.

Benzinga

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Behind the scenes of how Trump’s Truth Social was born, and how it could fall apart

Former President Donald Trump’s quest to establish a Florida-based social media platform as a conservative alternative to Twitter will face a critical vote on Monday when investors decide whether to extend a deadline allowing more time for the federal government to sign off on the deal.

Miami Herald

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Benzinga

Trump-Linked SPAC's Investors Clamor For Better Deal As Time Runs Out: What It Means For DWAC And Truth Social

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal.

Benzinga

Is Truth Social another of Trump’s bungled businesses?

Dogged by an SEC investigation, the platform may be more of a campaign tool than a sound investment, analysts say

The Guardian - US

Trump partner in Truth Social delays key vote on merger

A key decision over whether Donald Trump’s social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month

The Independent UK

Trump-Linked Digital World Takes A Hit As Investors Grow Tired Of Merger Delays

Digital World Acquisition Corp (NASDAQ: DWAC) gapped down 21% to start the trading session Tuesday after a report indicated shareholders rejected a one-year deadline extension that the special purpose ac

Benzinga

Trouble for Trump’s Truth Social as investors back away from cash boost

Injection of $1.3bn for former president’s media company looks set to be derailed because of lackluster investor support

The Guardian - US

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Salon

Trump Truth Social deal on life support

The blank-check SPAC deal set to infuse over $1 billion into Truth Social may be dead after shareholder vote

Salon

Truth Social headed for bankruptcy

Prospects that Donald Trump's Truth Social will survive are growing bleak

Salon

Truth Social stiffs contractor $1.6M

Trump's Twitter knockoff is already in a "bitter battle" with its web host over $1.6 million in unpaid bills

Benzinga

Donald Trump Added The Patent Office To List Of Government Agencies He's Fighting: Not Just The FBI And White House

Former President Donald Trump is no stranger to legal troubles with past history of battles and current ones with the FBI and the White House.

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news in one place.

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Benzinga

As Donald Trump's Legal Woes Ramp Higher, Truth Social SPAC Digital World Slumps: What's Next?

The Donald Trump-linked Digital World Acquisition Corp (NASDAQ: DWAC) stock has quieted as the former president's legal woes have ramped up.

Benzinga

What Institution Traded An Unusual Amount of Trump-Based Digital World Stock In A Dark Pool?

At 8:50 a.m. Tuesday, Money Flow Mel (@MelStone31) posted an image to Twitter indicating institutions traded a large block of Digital World Acquisition Corp (NASDAQ: DWAC).

Salon

Trump exits social media company

The SEC served Trump Media and Technology Group with a subpoena on June 27th, according to a regulatory filing

The Independent UK

Trump social media firm subpoened by feds, stock regulators

Donald Trump’s social media company and some of its employees received subpoenas from a federal grand jury in New York and securities regulators

The Guardian - US

Blow for Trump’s Truth Social as merger company hit by grand jury subpoenas

Disclosure of subpoenas for board members by blank cheque firm Digital World is latest blow to Donald Trump’s social media plans

Salon

Trump's Truth Social partners subpoenaed

"Each member of Digital World’s board of directors" received a subpoena in a sign of criminal investigation

The Independent UK

Company behind Trump’s Truth Social now under investigation by federal prosecutors

The so-called ‘blank check’ company is also the target of a separate Securities and Exchange Commission probe

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