Posted on 08/25/2022 7:58:38 PM PDT by Berlin_Freeper
Former President Donald Trump’s social media outfit, Truth Social, is locked in a bitter battle with one of its vendors claiming that the platform is stiffing the company out of more than $1 million in contractually obligated payments, FOX Business has learned.
If the allegations are true, they would suggest that Truth Social’s finances are in significant disarray, people with direct knowledge of the matter say. Internet infrastructure company RightForge is said to be among Truth Social’s largest vendors and creditors, these people say.
In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots. RightForge now contends that Truth Social has reneged on its contractually obligated monthly payments for setting up the platform’s web-servicing infrastructure, according to three people with direct knowledge of the matter.
These people say RightForge contends that Truth Social has made just three payments and ceased making any payments since around March. RightForge claims that Truth Social owes it around $1.6 million and is threatening legal action to recoup the money, these people add.
(Excerpt) Read more at foxbusiness.com ...
FOX Bidness. No Credibility.
This is normal for any business, and esp for a Trump-run business.
Doubtless the vendor underperformed and Trump is holding back the payment.
A million dollars is pocket change for Trump.
I think they were the main hosting at first but couldn’t handle it so Rumble took over
“These people...” Deceptive article full of useless words. In other news, Trump Social is doing very well and Twitter is full of fake accounts.
That FREAK posing as a sane human being...Charles Gasperino??
THAT guy?
He always had a secret SCOOP that never turned out to be true.
That’s just my opinion, about the things I cared about.
Haven’t seen him in years.
Why? TruthSocial is starting to kick ass.
I signed up for Truth HOWEVER I have never used it I like Gettr and I LOVE Telegram!!
I signed up too, but I like Free Republic better.
Gasparino really is the Trump attack dog for his Wall street Overlords( he does it while seeming fair). It’s how Fox undermines Trump in the conservative news arena. He attacked me on a Tweet for giving it to him after Trump won lol.
I try to watch Fox Business but after Maria, it’s puke worthy..a rinofest. It seems Varney especially has every RINO possible on his show.. Yesterday, they had on Nancy Mace and I spilled my coffee going for the remote.
One of its vendors claiming
The odor of a democrats agent with cash lingers.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.