Trump distances from social media company prior to federal subpoena

[riversedge]

Source: Salon


The SEC served Trump Media and Technology Group with a subpoena on June 27th, according to a regulatory filing
By Brandon Gage
Published July 8, 2022 4:00AM (EDT)

Former President Donald Trump quietly removed himself from the board of his budding social media venture shortly before it was hit with federal subpoenas "by both the Securities and Exchange Commission and a grand jury in Manhattan," documents obtained exclusively by The Sarasota Herald-Tribune have revealed.

On Thursday, the Florida newspaper reported that on June 8th, Trump, the then-chairman of Trump Media and Technology Group, joined five other executives – "Kashyap Patel, Trump's former point man in the White House; Scott Glabe, a former assistant to Trump who was counsel for the media company; and Donald Trump, Jr." – in a mass exodus from the organization.

"The SEC served Trump Media and Technology Group with a subpoena on June 27th, according to a regulatory filing," the Herald-Tribune learned. "Trump's media company owns Truth Social, an app similar to Twitter. Trump was banned by Twitter for inflammatory remarks concerning the insurrection."

Correspondent Chris Anderson uncovered another subpoena issued by the Southern District of New York on July 1st, suggesting that a "potential criminal investigation is in progress." He explained that "the investigations appear to be related to a proposed merger between Trump's media company and a blank-check company called Digital World Acquisitions Corp., according to a recent regulatory filing."...........................

Read more: https://www.salon.com/2022/07/08/distances-from-social-media-company-prior-to-subpoena_partner/

[LymphocyteLover]

1. LMAO!!!

What a Losey McLoserton loser

[calimary]

2. Convenient timing for "removing himself from the board..."

Was he tipped off? And if so, by whom?

[COL Mustard]

5. I bet he thinks this will insulate him from legal liability.

I bet it won't.

(I'm not a lawyer, but I did sleep at a Holiday Inn Express one time.)

[calimary]

12. LOL!

Good one!

See how clever we are on this side of it?!

[rpannier]

13. I personally was a member of an organized crime operation and resigned the day before indictments

So, by Trump's logic, I should be okay
Kinda like the Canadian truckers who claimed flying a white flag meant you couldn't be arrested

[ultralite001]

3. More here...

[link:https://www.democraticunderground.com/100216900991#post1|]

[Lil Liberal Laura]

4. "Truth Social"

Talk about a double oxymoron!

[calimary]

14. The irony is almost unbearable.

Just think - he could change TWO letters and it'd actually be factually accurate. From "Truth Social" to "Trump Social." But hey, who cares about facts, 'eh?

[Roy Rolling]

6. It's always the money

He’s a thief first, and a traitor second. He has a compulsion to steal, it’s psychological. He thinks, “everybody steals”, “it must be why they are successful and I am a loser.”

“Therefore, I will steal better than them and become superior.”

[muriel_volestrangler]

7. "The Trump Media and Technology Group? Never heard of it. Does it make coffee or something?" (nt)

[calimary]

15. Just more schtick. If it SOUNDS big-ass, big-time, and important-as-all-get-out, it works.

Probably just more vapor into the wind, but if it SOUNDS good, it'll fool people. All he ever needs is ENOUGH fools, cuz then he can make a lot of money off 'em.

[C Moon]

8. Wasn't this app supposed to be huge?

[Wonder Why]

9. Just when you thought it couldn't get any sleazier ...

[SouthernDem4ever]

10. But he's still lying on truth social

[cloudboy07]

11. FAILED casino person at it again!

" ROFLMFAO "!

[BlueIdaho]

16. Pity he doesn't own a time machine

His culpability probably dates from day one.

[LetMyPeopleVote]

17. This makes me smile

Link to tweet