3 Charged For Insider Trading on Truth Social Deal

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And in political news, three men were arrested in Florida and charged with insider trading connected to spa merger involving President Trump's social media site. Truth. Social prosecutors alleged that the three men bought stock in Digital World acquisition Corps knowing it planned to buy Trump Media and technology Group when the news became public and their shares jumped in value. They sold the stock prosecutors estimate they earned $22 million in illegal profits. The charges do not implicate the former president or anyone else directly involved in truth social.