Former President Donald Trump’s social media company has sued Jeff Bezos-owned The Washington Post for defamation and is seeking $3.78 billion in damages over an article that allegedly harmed Trump’s company’s reputation and caused “enormous loss.”
The lawsuit was filed by Trump Media and Technology Group (TMTG), which owns the social media platform Truth Social, on May 20 in Florida state court in Sarasota County (pdf).
It accuses The Washington Post of defamation in connection with a May 13 article labeled in the complaint as an “egregious hit piece” that poses an “existential threat” to Trump’s company.
The suit alleges that the Washington Post article titled “Trust linked to porn-friendly bank could gain a stake in Trump’s Truth Social” includes a series of “materially false” statements that accused the Trump-owned company of fraud and other wrongdoing….