{"id":54111,"date":"2022-08-07T10:44:34","date_gmt":"2022-08-07T17:44:34","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=54111"},"modified":"2022-08-23T02:31:09","modified_gmt":"2022-08-23T09:31:09","slug":"trumps-truth-social-twitter-ripoff-suffers-another-setback-due-to-his-criminal-corruption","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=54111","title":{"rendered":"Trump’s TRUTH Social Twitter Ripoff Suffers Another Setback Due to His Criminal Corruption"},"content":{"rendered":"

When Twitter permanently suspended Donald Trump<\/a><\/strong> two days after the January 6th insurrection that he incited, they said that it was “due to the risk of further incitement of violence.”<\/em> There was a collective sigh of relief in America in anticipation that his maniacal raving might be muffled for a while. Unfortunately, that was not to be.<\/p>\n

Click here to Tweet this article<\/a><\/strong><\/p>\n

\"Donald<\/p>\n

Soon after Trump was given the boot by Twitter, he launched his own social media operation, Trump Media and Technology Group (TMTG). The core of this scam was TRUTH Social, a blatant ripoff of Twitter built on rage and revenge. He promised that it would be a bastion of free speech, despite the fact that its terms of service explicitly forbid posts that criticized Trump and users were banned for posting the truth about January 6th<\/a><\/strong>.<\/p>\n

Right from the start this racket rocketed to failure in record time. Digital World Acquisition Corporation (DWAC), the shell company that was expected to take the new business public, has declined in value by 80% from its high mark last October.<\/p>\n

RELATED: Trump\u2019s Twitter Ripoff (TRUTH Social) Has Lost 36% of its Value Since He Began Posting On It<\/a><\/strong><\/p>\n

DWAC has suffered a series of the financial and legal setbacks that are so common to any Trump enterprise. And now there is another adversity<\/a><\/strong> owing to Trump’s inbred immorality:<\/p>\n

“Digital World Acquisition Corp., the special purpose acquisition company planning to merge with the company behind former President Donald Trump’s Truth Social platform, is asking its shareholders to delay the deadline for completing the deal until 2023, in part because of federal investigations into the transaction. […] DWAC warned that may not even be enough time, though, noting the investigations might hamper its ability to win regulatory approval, which it said ‘may require us to liquidate.'”<\/p><\/blockquote>\n

The “federal investigations”<\/em> to which this notice refers includes a Grand Jury in New York, for which all of DWAC’s board members have been subpoenaed. At the same time the Securities and Exchange Commission is investigating<\/a><\/strong> whether TMTG and DWAC executives improperly coordinated with each other and engaged in insider trading.<\/p>\n

RELATED: LOCK HIM UP: Trump\u2019s TRUTH Social Scam is Being Criminally Investigated By a Federal Grand Jury<\/a><\/strong><\/p>\n

These probes have contributed to the cratering of the value of Trump\u2019s crime vehicle, DWAC. It may also explain why Trump himself bailed on his crooked company. Just weeks before the subpoenas were served, Trump removed himself and Don Jr from the board of TMTG.<\/p>\n

Even worse, from Trump’s perspective, is that if this deal doesn’t go through he won’t be able to pocket the billions of dollars that have been raised by his criminal cronies to finance this flagrant fraud. Bearing in mind that the only purpose of this sham venture was to either exact vengeance on Trump’s enemies, or enrich him personally, he appears to have failed on both counts. And it will just add to the list of criminal offences that Trump and his crime family could be held liable for.<\/p>\n

SEE ALSO: Trump Posts Hysterical Lie that \u2018Everyone is Watching\u2019 His Failing Twitter Ripoff, Truth Social<\/a><\/strong><\/p>\n

NOTE:<\/strong> Twitter suspended the News Corpse account after 11 years without giving a reason. So if anyone wants to tweet articles from my website<\/a><\/strong>, please feel free to do so often and repeatedly.<\/p>\n

\n
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Be sure to visit and follow News Corpse
\non Facebook<\/a> and Instagram<\/a>.<\/strong>\n<\/p>\n

And check out my books on Amazon:<\/strong>\n<\/p>\n

Fox Nation vs. Reality:
\nThe Fox News Cult of Ignorance.<\/a><\/strong>\n<\/p>\n

Thanks so much for your support.<\/strong><\/p>\n<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

When Twitter permanently suspended Donald Trump two days after the January 6th insurrection that he incited, they said that it was “due to the risk of further incitement of violence.” There was a collective sigh of relief in America in anticipation that his maniacal raving might be muffled for a while. Unfortunately, that was not […]<\/p>\n","protected":false},"author":1,"featured_media":42169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1475,1,11,16],"tags":[67,554,1457,1458,1163],"class_list":["post-54111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crime","category-general","category-socialmedia","category-wankery","tag-crime","tag-donald-trump","tag-social-media","tag-truth-social","tag-twitter"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-sweating.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-e4L","jetpack-related-posts":[{"id":53548,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=53548","url_meta":{"origin":54111,"position":0},"title":"LOCK HIM UP: Trump’s TRUTH Social Scam is Being Criminally Investigated By a Federal Grand Jury","author":"Mark NC","date":"6\/28\/2022","format":false,"excerpt":"America's most notorious scam artist, Donald Trump, is once again the subject of a criminal investigation into his shady business dealings. It is endlessly perplexing that there are still rubes who fall for the swindles perpetrated by Trump, who has presided of multiple bankruptcies, fraudulent charities, fake universities, and grifting\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump, Prison","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-prison.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-prison.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-prison.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":56082,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=56082","url_meta":{"origin":54111,"position":1},"title":"Trump is Said to Be Plotting His Return to Twitter, Affirming that Truth Social is a Flop","author":"Mark NC","date":"1\/18\/2023","format":false,"excerpt":"Last November Donald Trump announced that he is running for the Republican nomination for president in 2024. In the weeks that have followed he has done nothing to advance his candidacy except to post rancid comments attacking his enemies (especially Special Counsel Jack Smith) on his Twitter ripoff, Truth Social,\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-twitter-birds-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-twitter-birds-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-twitter-birds-2.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":56533,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=56533","url_meta":{"origin":54111,"position":2},"title":"Trump’s ‘Truth Social’ Faces Legal and Financial Turmoil Amid Disclosures of Russian Funding","author":"Mark NC","date":"3\/17\/2023","format":false,"excerpt":"Truth Social, the website that Donald Trump launched after Twitter suspended him \"due to the risk of further incitement of violence,\" has had a rocky existence from its inception. It's first days were marked by technical failures and user frustration. And it was all downhill from there. Click here to\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1475"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stock-chart-red.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stock-chart-red.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stock-chart-red.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":66013,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=66013","url_meta":{"origin":54111,"position":3},"title":"Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors\/Dupes","author":"Mark NC","date":"4\/17\/2025","format":false,"excerpt":"It just never stops. Donald Trump, the Grifter-in-Chief, has spent his life peddling scams to anyone who was gullible enough to fall for them. He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"Donald Trump, Stock Market","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stocks-crashing.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-stocks-crashing.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":56715,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=56715","url_meta":{"origin":54111,"position":4},"title":"Trump Made Less than $200 on Truth Social According to His FEC Financial Disclosure","author":"Mark NC","date":"4\/15\/2023","format":false,"excerpt":"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.\" Elon Musk later reinstated Trump, but he has not posted on Twitter since the suspension was lifted. Click here to Tweet this article In the\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Donald Trump Pacifier Fox","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-phone-pacifier-fox.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-phone-pacifier-fox.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":55095,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=55095","url_meta":{"origin":54111,"position":5},"title":"Trump Threatened to ‘Blow Up the Company’ if Truth Social Execs Didn’t Give Their Shares to Melania","author":"Mark NC","date":"10\/16\/2022","format":false,"excerpt":"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.\" That eventually led to the creation of the Trump-branded Twitter clone, Truth Social, where he could mouth off interminably and unconstrained by facts or decency.\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1475"},"img":{"alt_text":"Trump Baby on Cash Pile","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-cash-pile.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-cash-pile.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/FoxNews\/trump-cash-pile.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/54111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54111"}],"version-history":[{"count":5,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/54111\/revisions"}],"predecessor-version":[{"id":54358,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/54111\/revisions\/54358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/media\/42169"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}