Trump media company subpoenaed in federal criminal probe of SPAC deal

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

that Trump Media and Technology Group received a subpoena from the grand jury in Manhattan on Thursday.

The Trump firm also received a subpoena from the Securities and Exchange Commission regarding a civil probe on Monday, DWAC said.

The Justice Department and the SEC, which regulates the stock market, are investigating the deal between DWAC and Trump Media. By merging with DWAC, a so-called special purpose acquisition company, or SPAC, Trump's firm would gain access to potentially billions of dollars on public equities markets.This is breaking news. Please check back for updates.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Another wasteful witch hunt?!?!?! Dems need to get a life and find God

Lmao! The cartel clowns just can’t stop

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines