Donald Trump Left the Board of His Social Media Company Weeks Before Federal Subpoenas

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Trump, who had served as the chair of Trump Media and Technology Group, was one of six board members removed, according to a June 8 filing with the Florida Department of State's Division of Corporations

Trump, who had served as the chair of Trump Media and Technology Group, was one of six board members removed, according to a June 8 filing with the Florida Department of State's Division of Corporations.

The SEC served the company with a subpoena on June 27, and three days later on June 30, a grand jury in the Southern District of New York served the company with a federal subpoena. Former President Donald Trump left the board of his social media company just weeks before it was issued subpoenas by the Securities and Exchange Commission and a federal grand jury in Manhattan, records show.

Trump, who had served as the chair of Trump Media and Technology Group, was one of six board members removed, according to a June 8 filing with the Florida Department of State's Division of Corporations. His son Donald Trump Jr. also departed the board, along with Wes Moss, Kashyap Patel, Andrew Northwall and Scott Glabe.

The SEC served the company with a subpoena on June 27. Three days later, a federal grand jury in Manhattan issued a subpoena to the firm. Grand jury subpoenas typically indicate a criminal investigation is in progress.

 

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