Jorro<p><a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://universeodon.com/tags/patrickorlando" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>patrickorlando</span></a> <a href="https://universeodon.com/tags/digitalworldacquisition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>digitalworldacquisition</span></a> <a href="https://universeodon.com/tags/truthsocial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>truthsocial</span></a> <a href="https://universeodon.com/tags/trumpmediaandtechnologygroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpmediaandtechnologygroup</span></a> <a href="https://universeodon.com/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a> <a href="https://universeodon.com/tags/securitiesfraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securitiesfraud</span></a> </p><p>Everything Trump touches dies ;</p><p>“The U.S. Securities and Exchange Commission on Wednesday sued Patrick Orlando, ex-chief of Digital World Acquisition Corp that helped former U.S. President Donald Trump's social media company go public, for securities fraud.<br>In a filing with the court of District of Columbia, the SEC said Orlando broke rules concerning securities by issuing false and misleading statements while he led the blank-check firm.”</p><p><a href="https://www.reuters.com/technology/us-sec-sues-digital-worlds-former-ceo-alleging-securities-fraud-2024-07-17/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/technology/us-sec-</span><span class="invisible">sues-digital-worlds-former-ceo-alleging-securities-fraud-2024-07-17/</span></a></p>
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#digitalworldacquisition
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Nonilex<p><a href="https://masto.ai/tags/DigitalWorldAcquisition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DigitalWorldAcquisition</span></a>, the <a href="https://masto.ai/tags/SPAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SPAC</span></a> that 1st launched the merger for <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> Media & Technology Group in 2021, said in an <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> filing late Wed that the SEC had signed off on its registration stmnt & that DWA would announce a shareholder meeting w/in 2 days to vote on the <a href="https://masto.ai/tags/merger" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>merger</span></a>’s adoption. DWA shares climbed Thurs morning, to ~$50.
The approval is a victory for Trump, who will hold >78M shares in the post-merger co, a filing shows —a stake that, at current prices, would be worth >$4B<br><a href="https://masto.ai/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a></p>
Nonilex<p>In Oct 2021, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> announced that his <a href="https://masto.ai/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a> company, …owner of…Truth Social, had sealed an incredible deal: a merger w/a “special purpose acquisition company” that would deliver his firm $300M….<br>
By then, however, the <a href="https://masto.ai/tags/InsiderTrading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InsiderTrading</span></a> by <a href="https://masto.ai/tags/investors" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investors</span></a> in the <a href="https://masto.ai/tags/SPAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SPAC</span></a>, <a href="https://masto.ai/tags/DigitalWorldAcquisition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DigitalWorldAcquisition</span></a>, had already begun, acc/to documents filed recently in the <a href="https://masto.ai/tags/criminal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>criminal</span></a> case against 3 <a href="https://masto.ai/tags/DWAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DWAC</span></a> <a href="https://masto.ai/tags/investors" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investors</span></a> who’ve been charged w/ <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a> in NewYork federal court.<br>
<a href="https://masto.ai/tags/criminal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>criminal</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://masto.ai/tags/FederalSecurities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalSecurities</span></a></p>
Nonilex<p>The wild probe into investors of <a href="https://masto.ai/tags/DWAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DWAC</span></a>, <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/Media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Media</span></a>’s proposed merger ally<br>
Sales of <a href="https://masto.ai/tags/DigitalWorldAcquisition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DigitalWorldAcquisition</span></a> stock triggered a widespread federal probe that involved a confidential informant, a secret airport phone scan & an elite anti-<a href="https://masto.ai/tags/MoneyLaundering" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MoneyLaundering</span></a> squad. Three people were indicted, but the investigation continues.</p><p><a href="https://masto.ai/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://masto.ai/tags/criminal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>criminal</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <br><a href="https://masto.ai/tags/GiftArticle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GiftArticle</span></a> </p><p><a href="https://wapo.st/3SKVcju" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">wapo.st/3SKVcju</span><span class="invisible"></span></a></p>
Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/media" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>media</span></a> <a href="https://masto.ai/tags/StartUp" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StartUp</span></a> announced in Oct 2021 that it planned to <a href="https://masto.ai/tags/merge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>merge</span></a> w/a Miami-based co called <a href="https://masto.ai/tags/DigitalWorldAcquisition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DigitalWorldAcquisition</span></a>…</p><p>Now, almost 2yrs later, … w/the <a href="https://masto.ai/tags/merger" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>merger</span></a> stalled for months, <a href="https://masto.ai/tags/DigitalWorld" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DigitalWorld</span></a> is fast approaching a Sept 8 deadline for the merger to close & has scheduled a <a href="https://masto.ai/tags/shareholder" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shareholder</span></a> meeting for Tues in hopes of getting enough votes to <a href="https://masto.ai/tags/extend" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>extend</span></a> the deadline another year.</p><p><a href="https://masto.ai/tags/Tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tech</span></a> <a href="https://masto.ai/tags/SPAC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SPAC</span></a> <a href="https://masto.ai/tags/InsiderTrading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InsiderTrading</span></a> <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <br><a href="https://www.washingtonpost.com/technology/2023/09/02/truth-social-trump-media-digital-world/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/technology/</span><span class="invisible">2023/09/02/truth-social-trump-media-digital-world/</span></a></p>
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