Former President Trump’s social media start-up business partners revealed on Monday that the Biden administration is investigating their business. US Securities and Exchange Commission..
NS SEC And the Financial Industry Regulatory Authority (FINRA) are requesting information from each. Digital World Acquisition Corp. (DWAC), Special acquisition company with merger agreement Playing card media & Technology Group.
Playing card media & Technology Group is responsible for the development of TRUTH Social, the new social platform Trump intended.
according to DWAC, FINRA Requested information prior to the merger agreement with Mr. Trump’s team. NS SEC I needed information about policies and procedures related to transactions, identification information, and communication between them. DWAC When Playing card media & Technology Group.
Formerly Senator Elizabeth Warren Prompted NS SEC With Mr. Trump’s team DWAC.. Warren has begun his own research on the following special purpose acquisition companies: DWAC In September SEC In November, Chairman Gary Gensler demanded an investigation into the deal with Mr. Trump’s group.
Filing said SECInformation requests were made in “early November 2021” and FINRA inquiries were made in “late October and early November 2021”.
“$ 1 billion sends Big Tech an important message that censorship and political discrimination must end,” Trump said on Friday. statement that’s why Playing card media & Technology Group Chairman. “The United States is ready for TRUTH Social, a platform that does not discriminate on the basis of political ideology. As the balance sheet expands, TMTG will be in a stronger position to combat big tech’s monopoly politics. “
Federal government investigating Trump’s social media startup deal, says business partner
Source link Federal government investigating Trump’s social media startup deal, says business partner