ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 2 years agoTrump's Truth Social loses $4 billion in value in one week, while revealing wider losswww.cbsnews.comexternal-linkmessage-square53linkfedilinkarrow-up1375arrow-down19
arrow-up1366arrow-down1external-linkTrump's Truth Social loses $4 billion in value in one week, while revealing wider losswww.cbsnews.comylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 2 years agomessage-square53linkfedilink
minus-squareIgloojoe@lemm.eelinkfedilinkarrow-up31arrow-down1·2 years agoTrump selling truth social stock was so that foreign entities could legally give him money so he could pay the bail for the NY case.
minus-squarejackpot@lemmy.mlBannedlinkfedilinkarrow-up10·2 years agohe cant sell any, hes lokced to it for 6 months
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up1·2 years agoDoesn’t need to, it’s asset that can be used for collateral.
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up1·2 years agoI think in this case there was a contractual timelock blocking that too unless he gets an exception approved (don’t remember all the details)
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.
he cant sell any, hes lokced to it for 6 months
Doesn’t need to, it’s asset that can be used for collateral.
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)