Federal authorities charged three men on Thursday with taking part in a scheme to make $22 million in illegal profits by trading ahead of the proposed merger of former President […]
Digital World Acquisition Corp
Trending topics and news from the Digital World Acquisition Corp category
Back to news homeSPAC Tied to Trump Media Rushes to Complete Deal
Nearly 18 months ago, an obscure investment banker unveiled a blockbuster deal: His so-called blank-check company would bankroll a social media outfit that former President Donald J. Trump planned to […]
Truth Social’s Influence Grows Despite Its Business Problems
The right-wing social network faces two federal investigations and an uncertain financial future. But it has still managed to outpace its rivals. Read More
Word of Trump Media Deal Is Said to Have Leaked Months in Advance
Months before former President Donald J. Trump’s social media company unveiled an agreement to raise hundreds of millions of dollars last fall, word of the deal leaked to an obscure […]
Trump’s Truth Social Is Poised to Join a Crowded Field
For months, former President Donald Trump has promoted Truth Social, the soon-to-be-released flagship app of his fledging social media company, as a platform where free speech can thrive without the […]
Trump Deal Faced Widespread Investor Doubt Before Raising $1 Billion
Regulators opened the inquiry after The New York Times reported that the chief executive of Digital World, Patrick Orlando, had talks with representatives of Trump Media as far back as […]
Trump’s Media Company Investigated Over SPAC Deal
That month, a small investment bank, Kingswood Capital Markets, which has frequently teamed up with ARC, made a presentation to Benessere’s board members. Marked “strictly private and confidential,” the presentation, […]