The parent company of Donald Trump’s Truth Social app was subpoenaed (pdf) on June 30 as part of a criminal investigation into its troubled attempt to go public through a blank-check company, Digital World Acquisition Corporation (DWAC).
Trump Media & Technology Group (TMTG), which owns Truth Social, was subpoenaed for information about the deal along with unnamed current and former employees of TMTG. It’s unclear if Trump was among them.
DWAC disclosed its own criminal subpoenas earlier this week. The planned merger is also under a separate, active investigation by the US Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (Finra).
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