Trump’s Truth Social is considering lawsuit against SEC over blocked merger

Four months ago, alternative tech platform Truth Social’s parent company Trump Media & Technology Group (TMTG) filed for a merger approval with Digital World Acquisition Corp. (DWAC), a special purpose acquisition company. According to Breitbart News, TMTG is considering taking legal action against the Securities and Exchange Commission (SEC) over delays of approval of the merger.

In its statement to Breitbart News, TMTG alleges that the delay is a result of political bias in the SEC.

Securities and Exchange Commission Logo by Phil Morgan is licensed under Flickr Flickr

Get latest news delivered daily!

We will send you breaking news right to your inbox

© 2013 - 2024 Conservative Stack, Privacy Policy