Stupid Trumpkin Tricks

[Rajoo]

I had posted sometime back that trying to read and understand the SPAC deal to acquire Trump Media which owns Truth social gave me a headache. Basically this sounds like a sucker play to rope in investors whereby Trump got $300 million of the deal. Seems a lot the the background characters were Miami residents with Russian roots and in the end what seems to have happened is that they ran up the stock value from around $25 or so to $175 and then cashed out. Now they are all being investigated. Here is an update and it still gave me a head ache, but now also a stomach ache. Even though multiple agencies are investigating DWAC and its players, Trump is not implicated.

But does prove once again that where there is Trump, there is corruption and fraud. While Trump has not "yet" collected his $300 million, it is safe and sound till this gets resolved. Only reason he has not been paid is that the merger has been blocked by the SEC. So once again, Trump gets paid while everyone else, here the poor investors who drove up the value of the stock until the sellout and SEC blocking are screwed, not that I have any sympathy for them. Trump --> Financial Disaster for investors.

https://www.washingtonpost.com/techn...investigation/