Published

Trump Media investor convicted of insider trading ahead of merger

  • Bruce Garelick, a director at a shell company, was guilty of insider trading related to the merger with Trump Media.
  • Garelick used secret information about the deal to trade and inform others, resulting in a spike in shares for Digital World Acquisition Corporation.
  • Two others involved in the insider trading case, Michael and Gerald Shvartsman, pleaded guilty last month.
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