this post was submitted on 05 Sep 2024
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Unfortunately, Trump will still likely come out much richer than he was before. It's still nice to see.

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[–] SlippiHUD 18 points 2 months ago (2 children)

This was never more than a ploy to launder foreign money, it does feel pretty brazen for the CEO and COO to cash out before Trump.

It seems to me, all the bag holders should have grounds to sue them, I'm sure atleast a few of them will.

[–] [email protected] 3 points 2 months ago* (last edited 2 months ago) (1 children)

It seems to me, all the bag holders should have grounds to sue them, I'm sure atleast a few of them will.

Sure but they'll have to balance that probably legitimate cause if action with the fact that they'll likely get death threats from cult members for filing the suit.

[–] SlippiHUD 3 points 2 months ago

I assume most of the bag holders are cult members who currently don't believe Trump supporters send death threats. They'll probably drop suit after being threatened.

[–] [email protected] 2 points 2 months ago

Usually the deals are supposed to have strick limits on selling for founders, high muckity mucks, and such at the time it goes public. This is why gates, musk, and a variety of others don't just sell off. Well that and they own such a large amount it would tank it which is part of the reason for the limitations in contracts and such.