Two days after the January 6th insurrection that Donald Trump incited, Twitter permanently suspended his account “due to the risk of further incitement of violence.” Undaunted, Trump soldiered on determined to provide his glassy-eyed cult disciples with a steady stream of lies, hostility, and self-exaltation.
Trump eventually launched his own social media app, Truth Social, that was a blatant ripoff of Twitter. From its inception the venture was pure Trump, in that it was a fetid failure built on a foundation of fraud. After missing several launch dates, and racking up potential users on a waiting list of thousands, the site went live to a pitifully small audience, which didn’t stop Trump from claiming that it was “one of the hottest sites in the world.”
That, however was just the beginning of Trump’s problems. The company he started to run the site, Trump Media and Technology Group (TMTG), and the shell company that he intended to use to get it listed on the stock exchange, Digital World Acquisition Corporation (DWAC), both became mired in legal muck.
Now, to no one’s surprise, Trump is sinking ever more into legal and financial trouble. A story published by the Fox News Business site (that’s right, Fox News) is reporting that Truth Social has failed to make payments to the web hosting service that it runs on. According to Fox Business…
“In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots. RightForge now contends that Truth Social has reneged on its contractually obligated monthly payments for setting up the platform’s web-servicing infrastructure, according to three people with direct knowledge of the matter.
“These people say RightForge contends that Truth Social has made just three payments and ceased making any payments since around March. RightForge claims that Truth Social owes it around $1.6 million and is threatening legal action to recoup the money, these people add.”
So in its short lifespan, Truth Social has sputtered to the starting gate, left its users hanging, lost 70% of its value (at DWAC), and is currently being investigated by a federal Grand Jury and the Securities and Exchange Commission. All of which is the predictable path of any Trump enterprise. However, the Fox Business story also notes that Trump is in even much bigger trouble personally…
“Trump himself faces mounting legal woes including a Justice Department probe over his role in the Jan. 6 Capitol riot; a New York state civil probe into the finances of the Trump Organization, his real estate and branding business; and, most recently, a DOJ probe into whether he mishandled classified documents at his Mar-a-Lago estate that led to the recent FBI raid.”
And if all of that isn’t bad enough, Axios is reporting that Truth Social’s trademark application has been denied. Apparently, the U.S. Patent and Trademark Office “found two other companies who already use the Truth Social wording.”
That suggests a measure of laziness and/or incompetence that could only be achieved by Trump. After all, he can’t even get the name of his web site correct…
Everyone is flocking to Trump's new social media app for a reason pic.twitter.com/QCdaAh0HZN
— The Daily Show (@TheDailyShow) April 27, 2022
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