Tag Archives: Trump Media & Technology Group

Alternet: Alarm raised over Trump admin corruption following Trump media move

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Monday reporting from the Financial Times that U.S. President Donald Trump’s family media company “plans to raise $3 billion to buy cryptocurrencies” sparked a fresh wave of alarm over his administration’s policies and potential corruption.

After winning a second term last year, the Republican president transferred his stake in Trump Media & Technology Group (TMTG)—which is behind the Truth Social platform—to a revocable trust overseen by his son Donald Trump Jr.

Citing six unnamed sources, FT reported that TMTG “aims to raise $2 billion in fresh equity and another $1 billion via a convertible bond,” and “also plans to launch an exchange-traded fund focused on cryptocurrency.”

https://www.alternet.org/trump-media-crypto/

https://www.alternet.org/trump-media-crypto

Fort Worth Star-Telegram: Pam Bondi’s Massive Stock Trade Sparks Ethical Concern

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Attorney General Pam Bondi reportedly sold shares in Trump Media & Technology Group valued between $1 million and $5 million on the same day President Donald Trump announced significant tariffs on global trade. The announcement during a press conference called “Liberation Day” included baseline tariffs on most imports and specific tariffs, such as a 20% rate on the European Union. The news led to a drop of over 10% in Trump Media’s stock, sparking concerns about the ethical implications of Bondi’s actions.

While it remains unclear whether Bondi sold her shares before or after Trump’s announcement, Trump Media registered its top shareholders, including Bondi and Trump, with the Securities and Exchange Commission the day before the sale. The exact connection to her transaction remains uncertain.

Eventually all of this pond scum will be locked up.

Pam Bondi’s Massive Stock Trade Sparks Ethical Concern
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https://www.msn.com/en-us/money/markets/pam-bondi-s-massive-stock-trade-sparks-ethical-concern/ss-AA1Ff1NC