Posted on 07/01/2022 8:03:51 PM PDT by Coronal
Blank-check firm Digital World Acquisition Corp said on Friday former U.S. President Donald Trump's social media firm was served with two separate subpoenas over its merger plans.
The development comes days after Digital World said each of its board of directors received subpoenas from federal prosecutors over the SPAC deal with Trump Media & Technology Group (TMTG), the creator of social media platform Truth Social.
The blank-check firm said on Friday TMTG received subpoenas from the U.S. securities regulator and a federal grand jury in the Southern District of New York, adding federal prosecutors sought the same documents from TMTG that they asked Digital World and its directors for earlier.
"Trump Media & Technology Group will continue cooperating fully with inquiries into our planned merger and will comply with subpoenas we’ve recently received, none of which were directed at the company’s Chairman or CEO," the company said in a statement on Friday.
TMTG agreed to merge with Digital World in October and the deal was expected to close by the second half of this year. The latest developments might delay or stall the deal.
The U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority have been investigating the deal since late last year. Last month, Digital World said the SEC also sought more information.
Some current and former TMTG members also recently received individual grand jury subpoenas, according to the blank-check firm.
(Excerpt) Read more at reuters.com ...
Are they still bitching about Trump eating 2 scoops of ice cream for dessert???
Now comes the full weight of the deep state.
Imagine how much they fear the Trump, how much
they fear MAGA.
Promises made, Promises KEPT, lessons LEARNED.
He won’t be fooled again.
We won’t be fooled again.
As they say, payback is a beotch and they’ve
earned every bit of what is coming to them.
Make America Great Again...RESTORE the Constitution!
t68.
This is not surprising and is to be expected. They will never leave DJT and his family alone. Anyone who doesn’t think evil exists is brain dead.
Either the DS is crushed by the American people or the BRICS+
countries will do it for us.
It’s much preferable on our terms rather than Russian and Chi-com terms.
Amen bro.
And the law that might have been broken is?
From what I can see 116 SPACs were filed from January 2021 through June 2022.
Of that 116, four have been targeted by the SEC’s Enforcement Division.
Naturally it’s just coincidence that one of the four targets includes the SPAC planning to merge with Trump’s media venture. ahem.
I wonder whatever happened to Lois Lerner anyway.
https://www.lw.com/mediaCoverage/spac-related-enforcement-litigation-what-to-expect-2022
More federal agencies/personnel political persecution and harassment.
Perhaps they should do something about a crook named Hunter Biden and family and Nancy Pelosi and family. Oh heck. throw in the Clinton. Criminal Family and the John Kerry crime family just for shit and grins!
IIRC she’s heading up the Shithole known as the University of California.
They don’t want him to have a way to talk freely, without censorship, with his followers and the public. Notice that the MSM rarely discuss what Trump says on his sight. That is on purpose. If he is allowed to speak and be heard he might be able to convince Dems and Libs that they have been suckered by the elites and Bite-me.
That’s certainly part of it.
Guilty now let the trial begin fire aim ready.
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