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Investors greenlight Trump’s $5.7 billion Truth Social deal


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20 minutes ago, LazyPiranha said:

The odds of him actually doing that are slim to none, but if he did?

 

lol


He’s the co-founder of an extreme right-wing media group, a right-wing pundit/talk show host, and a “financial services expert” (also, ran for US Senate in NJ)… so, it’s pretty lol regardless :p 

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The auditing firm for Trump Media and the auditor’s owner were charged with “massive fraud” by the Securities and Exchange Commission for work that affected more than 1,500 SEC filings, the federal regulator announced Friday.

 

The auditor, BF Borgers CPA and its owner Benjamin Borgers have agreed to be permanently suspended from practicing as accountants before the SEC, and also agreed to pay a combined $14 million in civil penalties, the SEC said.

 

The share price of Trump Media, which owns the Truth Social app, was down 9% shortly after trading began Friday.

 

 

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