Here's how much Rep. Marjorie Taylor Greene has lost investing in Trump’s Truth Social venture
Rep. Marjorie Taylor Greene (R-GA) made a personal bet on Donald Trump’s Truth Social platform — and is losing bigly.
The value of Greene’s class A stock in Digital World Acquisition Corp., a special purpose acquisition company, or SPAC, that’s supposed to merge with Truth Social, had cratered in recent weeks amid significant corporate turmoil.
Digital World Acquisition Corp. this week ousted its chief executive officer, Patrick Orlando. Federal prosecutors are investigating Trump Media, the current owner of Truth Social, to determine whether it violated money laundering laws, The Guardian reported. And Trump himself faces a potential indictment related to hush money payments to adult film actress Stormy Daniels, with whom Trump allegedly had an affair....