Igloojoe comments on Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss

[–] Igloojoe@lemm.ee 30 points 2 years ago (1 child)

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.

[–] jackpot@lemmy.ml 10 points 2 years ago (1 child)

he cant sell any, hes lokced to it for 6 months

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[–] Corkyskog@sh.itjust.works 1 point 2 years ago (1 child)

Doesn't need to, it's asset that can be used for collateral.

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[–] Natanael@slrpnk.net 1 point 2 years ago

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)

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