Former President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), has been subpoenaed by a federal grand jury in Manhattan as part of a criminal investigation into a deal to go public via a special purpose acquisition company called Digital World Acquisition Corp (DWAC).
TMTG is the parent company of Trump’s Truth Social app.
In a securities filing on July 1, DWAC said it was informed that TMTG received a subpoena on June 30, issued by a federal grand jury in the Southern District of New York, seeking information about the proposed merger between TMTG and DWAC.
Certain current and former TMTG personnel also recently received individual grand jury subpoenas, DWAC said. No names were disclosed….