Trump's Truth Social stock ends day more than 20% down: Live – The Independent

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Payment came as New York officials were preparing to potentially seize Mr Trump’s assets
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Donald Trump posted a $175m bond on Monday in his New York civil fraud case, temporarily stopping enforcement of the full $464m in penalties facing the former president after he lost a high-profile civil fraud trial earlier this year.
The bond payment, reported by The Associated Press, came as New York officials were preparing to potentially seize Mr Trump’s assets or properties to fulfil the judgment,
Meanwhile, the judge in Donald Trump’s hush money trial in New York City agreed to tighten his gag order due to his “vitriolic” attacks on the judge’s family.
In an order on Monday evening, New York Supreme Court judge Juan Merchan said that Mr Trump’s statements represented a “very real” threat to the integrity of the trial.
Manhattan district attorney Alvin Bragg had earlier asked the judge to extend his gag order to cover court officers’ families due to Mr Trump’s “extreme and deliberate provocations”.
Earlier, the parent company of Donald Trump‘s Truth Social platform lost 20 per cent of its value during trading on the Nasdaq on Monday after an SEC filing showed the company had made a $58m loss in 2023.
Having only gone public last week, it has been a volatile ride for Trump Media & Technology Group which peaked at $79/share on Thursday before falling to $48.66 and lowering the value Mr Trump’s stake by approximately $1bn.
Former president Donald Trump is being heavily criticised on social media after he shared a video of Maga-branded pickup trucks that included an image of president Joe Biden kidnapped and bound in the back.
Mr Trump posted the video with little added commentary on Truth Social. It shows two passing trucks decked out with flags and messages including “Trump 2024”.
On the back of one of the trucks is an image of President Biden with his hands and feet tied.
Stuti Mishra has the story:
Trump’s video shows an image of President Biden with his hands and feet tied on the back of a truck
Donald Trump and eight of his co-defendants in the Georgia election interference case have appealed a judge’s decision to keep Fulton County District Attorney Fani Willis on the case.
In a filing submitted to the Georgia Court of Appeals on Friday afternoon, attorneys for the former president and his co-defendants claimed Ms Willis should not be allowed to preside over the case and allowing her to do so would result in errors in each trial and public mistrust in the judicial system.
Ariana Baio reports:
Lawyers for the former president and eight of his co-defendants argue prosecutor’s removal from case is critical for judicial system
Watch as Saturday Night Live mocks Donald Trump’s scheme to sell bibles. This week’s Easter-themed cold open starred James Austin Johnson as the former president peddling his branded Good Book for $60. A “resurrected Trump” returns from the dead, before shoving fellow cast-mates off the stage. “Imagine how weird it would be if I started selling bibles… well, I’m selling bibles,” Johnson says. “Sounds like a joke and in many ways it is, but it’s also very real.” Johnson goes on to say that his favourite part of the Bible is “probably the ending”.
Bond temporarily prevents New York officials from enforcing $464m judgement against former president and associates
Manhattan officials accused the former president of trying to undermine the money trial with ‘dangerous and reprehensible rhetoric’.
Io Dodds has the story.
Judge Juan Merchan agreed that the former president’s social media posts posed a ‘very real’ to the integrity of the trial
After a blockbuster debut on the Nasdaq last week, the share price of Donald Trump’s media and technology group plummeted in trading on Monday after post-merger financial statements revealed new details of the company’s business.
Trump Media & Technology Group, the parent company of social media platform Truth Social, was down as much as 27 per cent in value by lunchtime, having opened at $61.92.
A regulatory filing with the Securities & Exchange Commission early on Monday morning showed the company had only achieved revenue of $4.1m in 2023, with net losses reaching $58.2m.
Continue reading…
Share price down 27 per cent by lunchtime before making slight recovery
Eric Garcia writes:
Johnson’s decision to name Greene to the committee, especially after his talk with Zelensky, shows how the leader of the US House of Representatives has tried to balance keeping conservatives happy while also fulfilling his basic duties of governing: for every one act of governing, he has to pull one outrageous stunt that keeps the extremists in his conference from throwing him into the volcano the way they did his predecessors.
Continue reading…
For every one act of governing, the Speaker has to pull one outrageous stunt that keeps the extremists in his conference from throwing him into the volcano the way they did with his predecessor, Eric Garcia writes
Manhattan officials accused the former president of trying to undermine the money trial with ‘dangerous and reprehensible rhetoric’
A Republican official in Georgia has been found by a judge to have voted illegally nine times even as he pushed former President Donald Trump’s false claims of fraud in connection to the 2020 election.
The first vice chairman of the Georgia Republican Party, Brian Pritchard, has been fined $5,000 for voting and registering to vote while serving a sentence for a felony.
Administrative Law Judge Lisa Boggs backed the State Election Board’s findings in a 25-page ruling on Wednesday, saying that Pritchard voted unlawfully nine times while under extended probation for felonies going back almost three decades.
Gustaf Kilander reports:
‘Even if the Court accepts he did not know about his felony sentences, the record before this Court demonstrates that he should have known,’ judge wrote
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Donald Trump in an ad for the ‘God Bless the USA’ Bible on Truth Social
Truth Social/@realdonaldtrump
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