Authorities said the defendants bought millions of dollars of DWAC securities on the open market before news of the Trump media business was made public.
Three Florida men were arrested Thursday on charges alleging they illegally made more than $22 million by insider trading ahead of the public announcement that an acquisition firm was going to take former President Donald Trump's media company public. The charges were outlined in an indictment unsealed in Manhattan federal court that did not in any way implicate Trump or Trump Media & Technology Group, which owns his Truth Social platform. The charges make it less likely that Trump Media will be
NEW YORK (AP) — Three Florida men were charged Thursday with making more than $22 million through illegal insider trading before the public announcement that an acquisition firm was going