Trump Media & Technology Group Corp. filed a 19b-4 form with the NYSE to list a spot Bitcoin ETF, marking a significant expansion into cryptocurrency financial products. The ETF, part of a broader strategy to leverage Trump’s media platform for financial offerings, represents an innovative …
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Trump Media & Technology Group (TMTG) announced the launch of Truth.Fi, a new FinTech brand targeting ‘America First’ investment vehicles, including customized ETFs, separately managed accounts, and cryptocurrency investments. The strategic move involves a $250 million investment …
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The Securities and Exchange Commission files a federal lawsuit against Patrick Orlando, former CEO and Chairman of Digital World Acquisition Corporation, alleging securities fraud in connection with DWAC’s initial public offering and proposed merger with Trump Media. The SEC alleges Orlando …
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The Securities and Exchange Commission announced settled fraud charges against Digital World Acquisition Corp (DWAC) for material misrepresentations to investors about merger discussions with Trump Media & Technology Group (TMTG). The SEC found that individuals who would later become …
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FBI and HSI agents arrested Michael Shvartsman, Gerald Shvartsman, and Bruce Garelick on June 29, 2023, for an insider trading scheme related to Digital World Acquisition Corp (DWAC), which was set to merge with Trump Media & Technology Group. The defendants allegedly made over $22 million in …
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Digital World Acquisition Corp (DWAC) terminated CEO Patrick Orlando’s employment, citing “unprecedented headwinds” that necessitated a leadership change. The board appointed Eric Swider as interim CEO after investigations by the SEC and federal prosecutors into potential …
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Digital World Acquisition Corp (DWAC), a special purpose acquisition company, announced its agreement to merge with Trump Media & Technology Group Corp (TMTG), bringing Trump’s Truth Social platform public. The announcement triggered massive trading volume and price volatility, with DWAC …
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