Two defendants in Trump Media insider trading case signal possible guilty pleas
Publishing timestamp: 2024-04-01 18:55:38
Summary
Florida venture capitalist and his brother are moving towards potential guilty pleas in an insider trading case connected to the merger that took Donald Trump's social media company public. The brothers had previously pleaded not guilty to criminal charges related to trading shares in a shell company that merged with Trump Media. The change of plea hearing is scheduled for Wednesday in U.S. District Court in Manhattan. The case involves allegations of insider trading and conspiracy, with the brothers facing charges of securities fraud and money laundering.
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Keywords: markets, business news, crime, donald trump, corruption, breaking news: markets, business, social media, laws, breaking news: politics, collusion, new york, politics, securities fraud, trump media & technology group corp,