354
submitted 6 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Trump’s social media company went public relying partly on loans from trust managed by person of interest to prosecutors

Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation.

The former US president stands to gain billions of dollars – his stake is currently valued at about $4bn – from the merger between Trump Media and Technology Group and the blank-check company Digital World Acquisition Corporation, which took the parent company of Truth Social public.

Through leaked documents, the Guardian has learned that ES Family Trust operated like a shell company for a Russian-American businessman named Anton Postolnikov, who co-owns Paxum Bank and has been a subject of a years-long joint federal criminal investigation by the FBI and the Department of Homeland Security (DHS) into the Trump Media merger.

you are viewing a single comment's thread
view the rest of the comments
[-] NegativeLookBehind@lemmy.world 9 points 6 months ago

You’re right, I apologize. I was incorrect. For many reasons I am just very frustrated by all of this and am just eager for some sliver of justice to be served. It just seems like all of the attempts at such are postponed, or otherwise reduced or outright removed.

In no way am I blaming Biden for anything. I just want the legal system to have some sort of meaningful impact on an individual who’s obviously determined to destroy what’s left of our democracy.

[-] Ranvier@sopuli.xyz 3 points 6 months ago* (last edited 6 months ago)

I agree with you and am frustrated too, just trying to point out where in the legal system all of this keeps falling apart. I have seen people state that Biden appointing Garland was the main problem, but Trump has two state civil cases, two state criminal cases, and two federal criminal cases ongoing against him right now. Prosecutors like in the doj launching cases against him isn't really the problem here, they've done that plenty, but there are tons of other problems and weaknesses in the legal system he's weaseling through. Mostly judges and especially the supreme court. Having four years in office to appoint his own judges and having one of the major political parties in the country providing constant cover has done a lot to help him in this regard too. In the end though, if people keep electing Trump and other Republicans the legal system won't be able to stop them no matter how flagrantly criminal they act, they'll use the power handed to them and keep warping the legal system around them.

[-] homesweethomeMrL@lemmy.world 0 points 6 months ago

I hear you, but I also disagree. Arresting him and keeping him locked up is SO within their rights. Siezing Every Single Thing is also within their rights. Presidential Immunity is #1 a lie; #2 a dishonest interpretation, #3 needs to be shot down utterly if that's what it takes and #4 WAS NEVER A DEFENSE for what we're talking about.

Remember - the "Justice system" does it to us, every day, all day. For so, so much less.

Yet they don't act. Sure, they don't want the crazy MAGAts to get in their little flag trucks and drive around and yell, I understand. And they may face something simliar - as they are already doing with the 'Biden Impeachment" sad clown circus - when the traitorous shitheads get back in power, I get that too.

But we're talking about the most egregious and incompetent criminal politician in the history of this country, one who has outed spies (on purpose?) who has spilled any number of national security secrets, and who is already charged with selling them to other countries. Oh and who is so ludicrously incompetent that any one of his villanous sycophantic toadies would be ten times more effective in office without the destroying-democracy thing he does. God forbid another global pandemic happens on his watch.

It calls out and questions every single three-letter agency who are supposedly sworn to uphold the Constitution and prevent what is happening from happening. What in the sweet fuck are they doing all goddamned day? Monitoring vegetarian communities?

We have gone to war for much, much less. Trillions spent and thousands of soldiers for oil and ??? in Iraq. The DoJ is the instrument that the government has formed for this situation. It has been utterly ineffective. (for yes, reasons) And yet we should be nowhere near where we are now. To put us in such jeopardy is either idiocy or insanity. Trump's ties to Russia are not only well documented and well known, they're ALREADY SHOWN TO BE CHARGABLE OFFENSES in one of the longest most scrupulous investigations into a sitting president ever. So Do It Already.

[-] Ranvier@sopuli.xyz 1 points 6 months ago* (last edited 6 months ago)

I hear you, and I'm very frustrated with the justice system too. But you're constantly conflating the "justice system" and "the justice department" which are totally different things. Prosecutors don't decide who gets bail or not, judges do. Prosecutors do not seize things, judges make rulings allowing prosecutors to do so. Neither prosecutors nor judges write these laws, congress does. Are you advocating for some totally lawless system where prosecutors can go around acting as their own judges doing whatever they want? If prosecutors acted like how you're advocating here, every little thing they did would get reversed and Trump would get off totally free due to all the prosecutorial malfeasance.

Most of your anger would be better directed at lawmakers, judges, and the people who appointed terrible judges, than the prosecutors, at least when it comes to Trump's current ongoing cases (not Barr burying the Mueller report as much as he could to provide political cover for Trump obviously)

this post was submitted on 03 Apr 2024
354 points (98.1% liked)

News

23105 readers
3359 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS