USA: 3 charged in insider trading case related to taking Trump media firm public, accused of making $22M
NEW YORK (AP) — Three Florida men were arrested Thursday and charged with illegally making more than $22 million by insider trading ahead of the public announcement that an acquisition firm was going to take former President Donald Trump’s media company public.
The charges were outlined in an indictment unsealed in Manhattan federal court that did not in any way implicate Trump or his media company, which owns his Truth Social platform.