7/2, 3:11 AM (Source: TeleTrader)
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Trump's s media company subpoenaed in federal probe

A federal grand jury in the Southern District of New York and the United States Securities and Exchange Commission (SEC) have both subpoenaed former President Donald Trump's media company, Digital World Acquisition Corp. (DWAC) said in its filing.

The Trump Media and Technology Group (TMTG) was subpoenaed in connection with a criminal probe in Manhattan and a civil probe being handled by the SEC, the DWAC was told. The company explained that it would comply with the demands sought and that Trump himself was not the target of the subpoenas.

The two companies are currently in talks over a potential merger.

Baha Breaking News (BBN) / NL