#litinsky — Public Fediverse posts

Trump Media & Technology Group and its merger partner, Digital World Acquisition,
have both been rocked by legal warfare.

Their leaders, past and present, have traded heated accusations of #deception and #impropriety across
💥four lawsuits in three states. 💥

After Trump was booted from Twitter following the Jan. 6, 2021, insurrection,
👉three men played pivotal roles in building and promoting Trump Media as an online challenger against the “cancel culture” of Big Tech:

🔸#Andy #Litinsky and 🔸#Wes #Moss, former “Apprentice” contestants who co-founded and launched Truth Social;
and 🔸#Patrick #Orlando, who as chief executive of Digital World, a special purpose acquisition company, or SPAC, offered Trump’s company a path to investor cash.

🔥But all three are now leading a rebellion of their own, confronting and potentially imperiling a trophy of Trump’s post-presidential ambitions.

Their lawsuits call into question how Trump Media’s shares will be distributed, and a legal victory could chip away at Trump’s equity during a time when he is facing a cash crunch.

And the cases threaten to erode Trump’s grasp on a stake in the post-merger company potentially worth hundreds of millions of dollars
— a possible financial lifeline, given that he owes more than $500 million in legal fines.

https://www.washingtonpost.com/technology/2024/03/21/truth-social-trump-merger-lawsuits/

#Devin #Nunes #Trump #Jr #Robert #Lighthizer #Linda #McMahon #DJT