Donald Trump, the former U.S. President, has taken legal steps against two Trump Media co-founders, accusing them of mismanaging Truth Social, his social media venture. This clash originated from Trump’s ban from major platforms post-Capitol riot, leading to the creation of Truth Social by Wes Moss and Andy Litinsky.
In the recent lawsuit, Trump alleges their incompetence caused harm to Trump Media & Technology Group (TMTG), slowing its progress. The legal battle escalates as Trump’s lawyers seek to revoke the co-founders’ $600 million shares. Amidst Truth Social’s merger and regulatory challenges, the litigation underscores the uncertainty surrounding the platform and its stakeholders.