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354

Trump Media saved in 2022 by Russian-American under criminal investigation (www.theguardian.com)

submitted 7 months ago by [email protected] to c/[email protected]

35 comments fedilink hide all child comments

Trump’s social media company went public relying partly on loans from trust managed by person of interest to prosecutors

Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation.

The former US president stands to gain billions of dollars – his stake is currently valued at about $4bn – from the merger between Trump Media and Technology Group and the blank-check company Digital World Acquisition Corporation, which took the parent company of Truth Social public.

…

Through leaked documents, the Guardian has learned that ES Family Trust operated like a shell company for a Russian-American businessman named Anton Postolnikov, who co-owns Paxum Bank and has been a subject of a years-long joint federal criminal investigation by the FBI and the Department of Homeland Security (DHS) into the Trump Media merger.

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[–] [email protected] 106 points 7 months ago (2 children)

totally not a security risk that a guy that wants to be president recieves financial support from known adversaries.

im sure the GOP would be totally silent if biden had received hundreds of millions of dollars from russians over the last decade. totally fine.

[–] [email protected] 49 points 7 months ago (1 children)

Hence the impeachment witch hunt. Find Biden getting money from foreign governments, then scream “see your guy does it to, so us doing it is totally justified”

[–] [email protected] 4 points 7 months ago

"we're doing it, so they MUST be doing it too"

[–] [email protected] 13 points 7 months ago

Some of the original money came from China.

From: Reuters, Newsweek, Financial Times, AlJazeera, Wikipedia, etc.

Bonus is that they have a history of SEC investigations. I'm sure that's nothing though.

https://searx.be/search?q=Truth+social+china+financing