Trump’s Social Media Company Files $3 Billion Defamation Lawsuit Against Washington Post | Eastern NC Now

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Brandon Drey.

    Former President Donald Trump's social media company is seeking $3.78 billion in damages in a defamation lawsuit against The Washington Post for publishing "an egregious hit piece" earlier this month that accused the company of securities fraud and other wrongdoings.

    Trump Media and Technology Group (TMTG), the owner of Truth Social, filed the lawsuit on Saturday in a Sarasota County, Florida, state court house, which accuses The Post's article of causing an "enormous" loss that created an "existential threat" to the social media platform.

    "WaPo has been on a years-long crusade against TMTG characterized by the concealment of relevant information in its possession-a bitterly ironic truth for a publication whose motto is 'Democracy Dies in Darkness,'" the lawsuit reads.

    Trump launched Truth Social last year as an alternative to Twitter and other social media platforms for conservative users who said they were censored and discriminated against for their political views.

    According to the lawsuit, the legacy media outlet published the online article headlined, "Trust linked to porn-friendly bank could gain a stake in Trump's Truth Social" on May 13, 2023, which stated TMTG failed to disclose key details about a proposed merger to the Securities and Exchange Commission and shareholders.

    "The clickbait headline of the WaPo Article... immediately grabbed the common mind of readers, falsely insinuating that TMTG was involved in shady business dealings," the suit claims.

    The article alleged a series of accusations involving a bank in the Caribbean islands that offered $8 million in loans to TMTG.

    "[TMTG] borrowed money from a bank best known for servicing the adult entertainment, pledged a stake in the company for the loan and didn't tell the SEC," the article says.

    The lawsuit says The Post published nine false claims and circulated the misinformation to its 2.5 million subscribers and 20 million Twitter followers.

    "In order to further spread the smear and increase the damage to TMTG, WaPo engaged agents from both within and outside the company to broadly republish the defamation," the complaint alleges.

    A spokesperson for The Post declined to comment on the lawsuit.

poll#125

Since only about 20% of the News Media has any shred of Journalistic Integrity remaining: How does our Constitutional Republic continue without a "Free Press"?

  Demand real information, using real sources, backed up by facts.

  Promote real journalist entities only, and admonish those that prostitute their profession.

  We Democratic Socialists are doing just fine, thank-you, by promoting lies while having very little real knowledge about so much.

260 total vote(s)     What's your Opinion?

poll#175

Understanding that this fragile Republic of the self-governed is in a precarious space in our nation's vast history: What is your honor bound patriotic duty in helping to sustain the continuance of these United States of America?

  I will depend on my Democratic Socialist politicians to continue to march hard toward the Left to provide Diversity, Equity and Inclusion for all who think and do as they are told.

  I will defend the Constitution of the United States of America, and support all elected leaders who pledge to protect and insure the continued sovereignty of this Representative Republic.

  I am very concerned about maintaining my current life style without working. I was told that as long as I vote Democrat, I had nothing to worry about ... but now I worry.

296 total vote(s)     What's your Opinion?