Why Trump’s Social Media Company Is Facing Lots of Lawsuits – Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
The Truth Social website.
Donald Trump’s newly public social media company is entangled in many legal cases, the bulk of them involving suspected misdeeds by the executives who helped set up the company and merge it with a public entity — and by the former president himself.
It all started with Truth Social, the right-wing social platform launched by Trump in 2021 after he was banned by Twitter and other sites for encouraging violence during the Jan. 6, 2021, attack on the US Capitol. Trump formed a company, Trump Media & Technology Group, with a mission to counter the “liberal media” and Big Tech firms that “silence opposing voices.”