{"id":123923,"date":"2024-11-09T17:29:09","date_gmt":"2024-11-09T10:29:09","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=123923"},"modified":"2024-11-09T17:29:09","modified_gmt":"2024-11-09T10:29:09","slug":"trump-promises-he-wont-sell-truth-social-shares-calls-for-investigation-into-rumors","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=123923","title":{"rendered":"Trump promises he won&#8217;t sell Truth Social shares, calls for investigation into rumors"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"\">\n\t\t\t\t\t\t\t\t<input type=\"hidden\" id=\"article_url\" value=\"2024\/11\/08\/promises-he-wont-sell-truth-social-shares-calls-for-investigation-into-rumors\/\"\/><\/p>\n<p><a href=\"http:\/\/salon.com\/topic\/donald_trump\">Donald Trump<\/a>\u00a0promised not to sell off shares of <a href=\"http:\/\/salon.com\/topic\/truth_social\">Truth Social<\/a>&#8216;s parent company and called for an investigation into rumors that he would on Friday.<\/p>\n<p>Trump&#8217;s commitment to his stock came in a post to <a href=\"http:\/\/truthsocial.com\/@realDonaldTrump\/posts\/113447949058695478\" target=\"_blank\" rel=\"noopener\">his social media platform<\/a>,\u00a0his first written post to the site since his election victory.<\/p>\n<p>&#8220;There are fake, untrue, and probably illegal rumors and\/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth,\u201d the president-elect wrote. \u201cTHOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!\u201d<\/p>\n<p>Trump\u2019s shares in the company are worth over $3.5 billion. A <a href=\"https:\/\/www.salon.com\/2024\/03\/22\/cashes-in-on-truth-social-meme-stock--but-cant-use-the-money-to-pay-454-million-penalty\/\" target=\"_blank\" rel=\"noopener\">merger<\/a>\u00a0between Truth Social&#8217;s parent company, Trump Media, and Digital World Acquisition Corp took Trump&#8217;s company public and left him with that multi-billion dollar stake despite the social media platform\u2019s minuscule revenue.<\/p>\n<p>The stock has been <a href=\"https:\/\/www.salon.com\/2024\/10\/31\/loses-more-than-1-billion-in-net-worth-in-two-day-truth-social-stock-tumble\/\" target=\"_blank\" rel=\"noopener\">highly volatile<\/a> for the duration of its existence, rallying and cratering in close connection with Trump\u2019s <a href=\"https:\/\/www.salon.com\/2024\/06\/21\/media-stock-tumbles-post-conviction-amid-share-dilution\/\" target=\"_blank\" rel=\"noopener\">personal and political fortunes.<\/a> It\u2019s been the subject of a massive short-selling campaign, leading the group\u2019s CEO, Devin Nunes, to <a href=\"https:\/\/www.salon.com\/2024\/04\/19\/media-ceo-devin-nunes-blasted-by-megadonors-hedge-fund\/\">ask regulators<\/a> to investigate market manipulators earlier this year.\u00a0\u00a0<\/p>\n<p>\u201cI hereby request that the people who have set off these fake rumors or statements, and who may have done so in the past, be immediately investigated by the appropriate authorities,\u201d Trump said on Friday.<\/p>\n<div class=\"layout_template_wrapper read_more\">\n<div class=\"red_white_box\">\n<p class=\"red_box\">Read more<\/p>\n<p class=\"white_box\">about this topic<\/p>\n<\/div>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.salon.com\/2024\/11\/08\/promises-he-wont-sell-truth-social-shares-calls-for-investigation-into-rumors\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump\u00a0promised not to sell off shares of Truth Social&#8216;s parent company and called for an investigation into rumors that he would on Friday. Trump&#8217;s commitment to his stock came &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=123923\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-123923","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/123923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123923"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/123923\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}