So much Truuutttthhhhhh that you can't keep it straight.
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Trump’s Truth Social just got a criminal subpoena over its dubious SPAC deal. The parent company of Donald Trump’s Truth Social app was subpoenaed (pdf) on June 30 as part of a criminal investigation into its troubled attempt to go public through a blank-check company, Digital World Acquisition Corporation (DWAC).
Trump Media & Technology Group (TMTG), which owns Truth Social, was subpoenaed for information about the deal along with unnamed current and former employees of TMTG.
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Trumpy and Co. of course jumped shipped and were removed prior to the subpoena hammer dropped. No word on if the stock shares have recovered from the prior drop.