US EditionThe Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud
10 Articles
10 Articles
The Trump Media and Technology Group (Truth Social) Scam Reflects His Fondness for Fraud
When Donald Trump launched his Trump Media and Technology Group (TMTG), he was brimming with optimism about the future of his new venture. Four years later that optimism has utterly failed to be affirmed. The business that runs Trump’s Truth Social website and a handful of other insolvent enterprises has never turned a profit. Click here to post this article on Twitter or Click here to post on Bluesky In 2024, TMTG reported a net loss of $400.9 …
In his most recent report to the Stock Exchange and Securities Commission, Trump Media has officially unveiled his plans to launch a utility token under the brand "Truth" along with a digital wallet.This project, previously mentioned in a letter to shareholders, stands out as a key piece in the company's digital asset strategy. According to the original report, this token will form part of a broader reward program and will initially allow users …
Truth Social to Launch ‘Truth Token’ on Ethereum
In the second quarter of 2025, Trump Media & Technology Group (Nasdaq: DJT), the parent of Truth Social, reported a net loss of $20 million, a downturn that briefly sent the stock 3.8 percent lower on the day of the earnings release. Of that $20 million shortfall, approximately $15 million was attributed to legal fees incurred during its 2024 SPAC merger with Digital World Acquisition Corp., underscoring the heavy non-cash expense burden accompa…
Trump Media Unveils Truth Token and Digital Wallet Despite $20M Quarterly Loss – MAXBIT
Trump Media & Technology Group, the parent of Truth Social, is forging ahead with its crypto ambitions despite reporting a $20 million net loss in Q2 2025. The company announced the upcoming launch of the Truth Token, a utility token set to integrate with its digital platforms and power a new in-app ecosystem. The initiative...
Trump Media Stock Drops After $20M Quarterly Loss - FinanceFeeds
Shares of Trump Media & Technology Group slipped after the company reported a $20 million loss in the second quarter and teased plans for a new utility token tied to its media ecosystem. The parent company of Truth Social — and now one of the largest corporate bitcoin holders — said legal fees tied to its long-delayed SPAC merger accounted for most of the red ink. Roughly $15 million went toward ongoing litigation with its SPAC sponsor and two T…
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