this post was submitted on 14 Nov 2023
179 points (90.9% liked)

Technology

59999 readers
2831 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
179
Trump's Truth Social Has Lost $73M Since Launch, New Filing Shows: The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday. (www.hollywoodreporter.com)
submitted 1 year ago by L4s to c/technology
24 comments fedilink hide all child comments
 

Trump's Truth Social Has Lost $73M Since Launch, New Filing Shows: The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.::Truth Social Losses and Revenue revealed for first time as Trump social platform discloses financial data and says it is a "going concern"

you are viewing a single comment's thread
view the rest of the comments
[–] cheese_greater 1 points 1 year ago (1 children)

For real tho, how is whatever is happening right now like, legal? How can he publicly fundraise for his individual criminal legal "needs" and have SuperPACS pay for all his personal legal needs. In short, I guess what I'm asking is What the fuck?

Lol, what other defendant can/could ever act this aggregiously to no avail

[–] [email protected] 2 points 1 year ago (1 children)

Morally bad but legally allowed. Scam as old as history.

[–] cheese_greater 1 points 1 year ago (1 children)

I just don't get how he gets to be enriched, in a sense, with a PAC paying his personal (not political) expenses, like shouldn't that money be for his "campaign"? 🤔

[–] APassenger 2 points 1 year ago* (last edited 1 year ago)

Please research “Leadership PAC“. Then the dispute between the FEC and how most interpret the law.

In short, it is currently allowed and people need to stop thinking that all types of PACs are governed by the same rules.