Flying Squid@lemmy.world to News@lemmy.world · 3 months agoTruth Social Hits All-Time Low as CEO Sells His Crashing Stockfuturism.comexternal-linkmessage-square74fedilinkarrow-up1584file-text
arrow-up1584external-linkTruth Social Hits All-Time Low as CEO Sells His Crashing Stockfuturism.comFlying Squid@lemmy.world to News@lemmy.world · 3 months agomessage-square74fedilinkfile-text
Unfortunately, Trump will still likely come out much richer than he was before. It’s still nice to see.
minus-squaregencha@lemm.eelinkfedilinkarrow-up41·edit-23 months agoI wanted to read who the stockholders of this garbage actually are. It’s a great rabbit hole. This one is pure gold https://en.m.wikipedia.org/wiki/Digital_World_Acquisition_Corp. It’s just shady shit at every level. The people who bought the SPAC didn’t even know the money would go towards Trump and pulled out more than half of the capital. Then they propped that garbage stock up Musk-style and sold it to their fan base. The dude who ran the SPAC als has amazing stories tied to his name https://eu.heraldtribune.com/story/opinion/columns/2022/11/16/patrick-orlando-truth-social-you-light-up-my-life-connection/10698187002/ https://www.reuters.com/business/trump-deal-delivers-420-mln-windfall-wondering-dealmaker-2021-10-21/ He was already working on mergers in China, but couldn’t close the deal because he didn’t have the money. All sounds like typical escalating scams. It’s clear why Trump would run a con with this guy.
I wanted to read who the stockholders of this garbage actually are. It’s a great rabbit hole. This one is pure gold https://en.m.wikipedia.org/wiki/Digital_World_Acquisition_Corp.
It’s just shady shit at every level. The people who bought the SPAC didn’t even know the money would go towards Trump and pulled out more than half of the capital.
Then they propped that garbage stock up Musk-style and sold it to their fan base.
The dude who ran the SPAC als has amazing stories tied to his name https://eu.heraldtribune.com/story/opinion/columns/2022/11/16/patrick-orlando-truth-social-you-light-up-my-life-connection/10698187002/
https://www.reuters.com/business/trump-deal-delivers-420-mln-windfall-wondering-dealmaker-2021-10-21/
He was already working on mergers in China, but couldn’t close the deal because he didn’t have the money. All sounds like typical escalating scams.
It’s clear why Trump would run a con with this guy.