News Formal

Three charged with insider trading tied to merger with Donald Trump’s Truth Social parent company

  • 📰 nypost
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Michael Shvartsman, Gerald Shvartsman and Bruce Garelick allegedly made more than $22 million trading in Digital World Acquisition based on tips about its planned combination with Trump Media &…

Michael Shvartsman, Gerald Shvartsman and Bruce Garelick allegedly made more than $22 million trading in, or SPAC, based on tips about its planned combination with Trump Media & Technology Group.

Prosecutors said the alleged scheme began after the defendants invested in DWAC and Garelick became a director.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 men who funded Trump-acquired social media company charged with insider tradingThree men who funded the company that became Donald Trump's Truth Social platform have been charged with insider trading.
Source: ABC - 🏆 471. / 51 Read more »