Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, in 2023. He pleaded guilty in the Trump Media insider trading case on Wednesday, April 3.
Shares of the shell company, Digital World Acquisition Corporation, spiked after the blank-cheque company publicly announced an agreement to merge with Trump Media.Donald Trump netted an incredible personal windfall after his media company went public. Trump Media's share price has surged, creating a financial windfall for the former president, who is the dominant shareholder. Trump owns 78.8 million shares in Trump Media, a stake valued at about $US4.1 billion. Trump Media's (Trump revealed plans
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