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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]

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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] 31 points 7 months ago

“Russia, Russia, Russia! That’s all you heard at the beginning of this Witch Hunt Hoax…And now Russia has disappeared because I had nothing to do with Russia helping me to get elected.

I'm so tired of this stupid asshole. That's right, Russia, Russia, Russia because you have so many shady ties to Russia.