And then there were six.

berg80

Diamond Member
Oct 28, 2017
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The Trump Investigation You Probably Haven’t Heard About


But as it turns out, there’s a sixth—this one involves both DOJ and the Securities and Exchange Commission (SEC), and it implicates conduct since Trump left office and after he was expelled from Twitter and launched his own social media platform, Truth Social.

The matter involves a so-called “blank check company” called Digital World Acquisition. Blank check companies have no established business plan but gather funds and sell shares to investors with the intention of merging with or acquiring another company in the future. The investors have no idea what they will ultimately be investing in. Under SEC rules, after an initial public offering (IPO), a blank check company’s funds must be deposited in escrow prior to a transaction and held there until shareholders officially approve a merger. As of 2020, a particular form of blank check company known as “special purpose acquisition companies,” or “SPACs,” made up 50 percent of the market for IPOs. This figure represents a huge spike prompted by the SEC’s temporary inability to approve traditional IPOs due to the COVID-19 pandemic. Trump took advantage of it to launch Truth Social.


The thing about spending a lifetime committing crimes without having to face the consequences is you think you're going to get away with it forever.
 
Cool beans.
Now they have something waiting in the wings for when the banking system implodes or they release the videos of Hunter raping little Chinese girls.

Gotta have those distractions ready for the dim witts

squirrel-rotating.gif
 
Allow me to snap you out of your slumber. Imagine if a Dem was under investigation for the same thing. Meaning all the right wing outlets would breathlessly be describing it as a crime against humanity.
These are the nuts who truly believed that Hillary would be locked up for....you name it.
Now they want to lock up the Biden kid for owning a laptop that was abandoned for 6 months before it was in the hands of the disbarred Dripping Rudy. :abgg2q.jpg:
 

The Trump Investigation You Probably Haven’t Heard About


But as it turns out, there’s a sixth—this one involves both DOJ and the Securities and Exchange Commission (SEC), and it implicates conduct since Trump left office and after he was expelled from Twitter and launched his own social media platform, Truth Social.

The matter involves a so-called “blank check company” called Digital World Acquisition. Blank check companies have no established business plan but gather funds and sell shares to investors with the intention of merging with or acquiring another company in the future. The investors have no idea what they will ultimately be investing in. Under SEC rules, after an initial public offering (IPO), a blank check company’s funds must be deposited in escrow prior to a transaction and held there until shareholders officially approve a merger. As of 2020, a particular form of blank check company known as “special purpose acquisition companies,” or “SPACs,” made up 50 percent of the market for IPOs. This figure represents a huge spike prompted by the SEC’s temporary inability to approve traditional IPOs due to the COVID-19 pandemic. Trump took advantage of it to launch Truth Social.


The thing about spending a lifetime committing crimes without having to face the consequences is you think you're going to get away with it forever.
A potential business violation? This is what youre hoping to get him on? He wont even show up to court for that horseshit. His lawyers will quietly handle it behind the scenes while Trump forgets that its even taking place.
 
Go away, your TDS is nearing terminal
I wonder if that's what Trump told the SEC?

In October, Trump Media & Technology Group merged with Digital World, which provided $293 million in funding it raised in its IPO on September 8, 2021, mostly from big investors who pitched in as much as $30 million apiece. The series of events drew the attention of the SEC, which opened an investigation in December 2021, presumably out of a concern that Trump and Digital World might have secretly planned the merger before going public and failed to disclose their communications to the SEC. According to reporting by the New York Times, the average time for public blank check companies to find a target to merge with and complete a deal is 17 months. Digital World did it within a month of going public. The SEC probe has delayed the Trump Media-Digital World merger indefinitely.
 
I wonder if that's what Trump told the SEC?

In October, Trump Media & Technology Group merged with Digital World, which provided $293 million in funding it raised in its IPO on September 8, 2021, mostly from big investors who pitched in as much as $30 million apiece. The series of events drew the attention of the SEC, which opened an investigation in December 2021, presumably out of a concern that Trump and Digital World might have secretly planned the merger before going public and failed to disclose their communications to the SEC. According to reporting by the New York Times, the average time for public blank check companies to find a target to merge with and complete a deal is 17 months. Digital World did it within a month of going public. The SEC probe has delayed the Trump Media-Digital World merger indefinitely.

Yawn
 

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