Mary Trump Releases Surprising Statement After Leaked Documents Unveiled Truth Media Partners

by Jessica

Last week marked the public debut of Trump Media & Technology Group Corp (DJT), the much-anticipated social media venture of former US President Donald Trump.

However, the road to this debut was far from smooth, with emergency loans received in 2022 playing a pivotal role, as reported by Benzinga on Thursday, April 4, 2024.

Shockingly, leaked reports now reveal that some of these loans were facilitated by a Russian-American businessman, Anton Postolnikov, who is currently under federal investigation for alleged insider trading and money laundering activities.

The saga began when Trump Media was teetering on the brink of failure to merge with Digital World Acquisition Corporation. This merger was crucial for making the parent company of Truth Social public.

The company’s troubles stemmed from a securities investigation into the merger in 2021, which rapidly drained its cash reserves while awaiting its stock market debut, as reported by The Guardian.

Facing imminent collapse, Trump Media sought emergency funding, securing loans from various sources, including the ES Family Trust. This trust, linked to Paxum Bank, a small bank registered in Dominica, acted as a conduit for funds provided by Anton Postolnikov.

Leaked documents suggest that Postolnikov, who co-owns Paxum Bank, used the trust to extend loans to Trump Media, circumventing regulatory obstacles preventing his bank from directly providing the funds due to the lack of a U.S. banking license.

Although Postolnikov has not been formally charged with any wrongdoing, the revelation of his involvement raises significant questions about the nature of Trump Media’s financial backers. There is currently no evidence to suggest that Trump or Trump Media were aware of the origins of these loans.

When approached for comment, Trump Media remained silent, leaving many unanswered questions lingering in the air.

Meanwhile, Mary Trump, the ex-president’s niece, seized the opportunity to weigh in on the controversy.

In a statement posted on X, formerly Twitter, she criticized her uncle’s business practices, stating, “Donald has shown time and again that he is willing to do business with anyone, and take money from anyone, as long as it serves his interests.”

The implications of these revelations are profound. Trump Media’s troubled journey to the public market has been marred by setbacks, including significant financial losses and allegations of insider trading.

The company’s stock, Trump Media & Technology Group Corp, experienced a downturn following the disclosure of substantial losses.

Additionally, recent admissions by two brothers regarding a $22 million insider trading scheme linked to the company further tarnish its reputation and raise concerns about its governance and transparency.

As regulatory scrutiny intensifies and public trust wanes, the future of Trump Media hangs in the balance.

Will the company weather the storm and fulfill its promise of reshaping the social media landscape, or will it succumb to the weight of its controversies? Only time will tell as the saga of Trump Media continues to unfold.

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