Trump's Truth Social Partner Facing $18 MILLION Fraud Fine

The Securities and Exchange Commission charged a company the merged with former President Donald Trump's social media company with fraud, fining them $18 million. Cenk Uygur, John Iadarola and Nina Turner discuss on The Young Turks. https://shoptyt.com/collections/justice-is-coming

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Read more HERE: https://www.cbsnews.com/news/sec-charges-digital-world-acquistion-corp-spac-donald-trump-trump-media-technology-group/

"The Securities and Exchange Commission on Thursday charged a so-called "blank check" acquisition company formed to merge with former President Donald Trump's social media company with fraud.

In announcing a settlement with Digital World Acquisition Corporation, which is listed on the Nasdaq exchange, the SEC said the company misled investors and securities regulators by failing to disclose that it was planning to buy Trump Media & Technology Group before DWAC went public in 2021. "

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