ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 8 months agoTrump's Truth Social loses $4 billion in value in one week, while revealing wider losswww.cbsnews.comexternal-linkmessage-square48fedilinkarrow-up1361arrow-down18
arrow-up1353arrow-down1external-linkTrump's Truth Social loses $4 billion in value in one week, while revealing wider losswww.cbsnews.comylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 8 months agomessage-square48fedilink
minus-squareIgloojoe@lemm.eelinkfedilinkarrow-up31arrow-down1·8 months agoTrump selling truth social stock was so that foreign entities could legally give him money so he could pay the bail for the NY case.
minus-squarejackpot@lemmy.mllinkfedilinkarrow-up9·8 months agohe cant sell any, hes lokced to it for 6 months
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up1·8 months agoDoesn’t need to, it’s asset that can be used for collateral.
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up1·8 months agoI think in this case there was a contractual timelock blocking that too unless he gets an exception approved (don’t remember all the details)
Trump selling truth social stock was so that foreign entities could legally give him money so he could pay the bail for the NY case.
he cant sell any, hes lokced to it for 6 months
Doesn’t need to, it’s asset that can be used for collateral.
I think in this case there was a contractual timelock blocking that too unless he gets an exception approved (don’t remember all the details)