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    Trump Media Investor Convicted Of Insider Trading

    By
    Madeleine Jackson
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    3
    Arrest image via Pixabay

    On Thursday, a Manhattan grand jury found financier Bruce Garelick guilty of insider trading charges in a scheme that involved the merger of former President Donald J. Trump’s social media company with a publicly traded shell company.

    Federal prosecutors had charged Garelick with five counts of securities fraud and conspiracy. 

    Authorities claimed Garelick shared confidential information with his boss and at least one other person that Trump Media & Technology Group, the parent company of Truth Social, was close to announcing a merger with Digital World Acquisition Group, the shell company.

    Mr. Garelick, 54, a former hedge fund manager, had been a board member of Digital World. 

    The New York Times has more:

    The information helped two brothers — Michael Shvartsman and Gerald Shvartsman — make nearly $23 million in illegal trading profits by buying Digital World securities in advance of the announcement, which sent the stock soaring. Mr. Garelick, who worked for Michael Shvartsman at a small Miami-based venture capital firm called Rocket One, made about $50,000 by trading off what authorities said was nonpublic information.

    Last month, the Shvartsman brothers decided to forgo a trial and pleaded guilty to securities fraud charges. In their plea agreements, prosecutors have recommended a sentence of roughly four to five years for Michael Shvartsman; and three to four years for his younger brother.

    Digital World raised about $300 million from investors in its initial public offering in September 2021. A little over a month later, the SPAC announced a deal to merge with Trump Media. After a long delay, the merger was completed in March and Trump Media became a publicly traded company. Mr. Trump’s nearly 70 percent stake in the firm is worth about $6 billion.

    In a closing argument, Daniel Nessim, a federal prosecutor, described Mr. Garelick as a “sophisticated professional” who “cheated” and used inside information to benefit himself and his boss, Michael Shvartsman.

    Garelick could face at least 25 years in prison.

    This is a breaking news story. Please check back for updates.

    Former PayPal President Ditches Democrat Party, Endorses Trump

    By
    Madeleine Jackson
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    1

    Trump just scored another major donor…

    Former president of PayPal David Marcus announced he has switched political parties and endorsed Donald Trump via X.

    “I am crossing the Rubicon and backing the Republican Party and President Trump. Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it.”

    “My journey has been a gradual political 180 from where I stood in every previous election. It has been an eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding from there,” wrote Marcus.

    Marcus cited an anecdote where, in 2017, he was enlisted to raise $100M from Silicon Valley for the Democratic National Convention in order to “prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign.”

    David Marcus is aligned with Trump on technology innovations like crypto and AI as well as foreign policy–especially the Middle East. Marcus opined, “on Iran, this administration is continuing a misguided Obama-era plan to bring Iran closer to the West by unfreezing Trump-era sanctions, thus giving the Mollahs’ regime the ability to fund terrorism and pursue its anti-America, anti-Israel, and anti-Jewish agenda.”

    “I believe we need a President who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation, Israel, small government, legal immigration, free speech, meritocracy, and common sense — and anti: regulatory proliferation, illegal immigration, unjust wars, Iran’s current regime, and domestic groups that oppose American values.”

    Marcus completed his post by referencing the attempt on former President Trump’s life at a rally in Butler, PA on July 13.

    “It’s impossible to close this post without mentioning President Trump’s recent assassination attempt. The courage and resolve he displayed seconds after being hit by a bullet was awe-inspiring for his followers and detractors alike. This was a man, however imperfect, who, at that moment, incarnated the American spirit in the most vivid way, starting to bring a split nation together,” wrote Marcus.

    “In this pivotal moment, confronted with the choices we have, I am endorsing and supporting a return to a Republican administration in 2025,” the post concluded.

    Trump has seen a number of prominent pro-business donors flock to his campaign this season as Republicans seek to a return to the White House.

    Trump’s Truth Social Merger Deal Hits A Pause

    By
    Madeleine Jackson
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    0
    Photo via Gage Skidmore Flickr

    It’s a bad time to be Trump…

    New reports indicate the potential merger deal with the former President’s Truth Social platform is dead in the water.

    The Daily Beast reports:

    The public shell corporation that has been preparing to merge with former President Donald Trump’s technology firm—the parent company of his social media platform, Truth Social—announced Thursday that it was dropping its plans to pursue the merger through a specialized process called a ​​private investment in public equity (PIPE) transaction. The company also said it planned to return $533 million it had raised from investors to complete the deal. The merger between Digital World Acquisition Corp. (DWAC), a special purpose acquisition company, and Trump Media & Technology Group failed to materialize by a September 2022 deadline set by U.S. regulators, giving DWAC the option to back out of the deal. A TMTG spokesperson claimed in a release Thursday that the two companies still planned to merge and said the development was, in fact, a positive step—but declined to comment when pressed by Reuters to say how backing out of the PIPE deal would benefit either party.

    This is a breaking news story. Click refresh for the latest updates.

    New Accusations Released About Member of Trump’s Family and Inner Circle

    By
    admin
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    4
    [Photo Cred: Office of the President of the United States, Public domain, via Wikimedia Commons]

    Former Trump adviser Peter Navarro recently made some potentially damaging accusations about Jared Kushner, former President Trump’s son-in-law and longtime White House adviser.

    As reported by Mediaite, Navarro recently bashed Kushner about his portrayal of several dramatic actions he allegedly took while working at the White House.

    “Appearing on Newsmax, Navarro addressed Kushner’s claim in his recently-published book that he was treated for thyroid cancer while serving in the White House.

    Host Chris Salcedo flagged the excerpt from the book and stated Kushner “withheld a cancer diagnosis during tense negotiations with communist China.

    Navarro addressed Kushner’s book.

    “It’s fiction,” he continued. “And the thyroid thing, that came out of nowhere. I saw the guy every day. There’s no sign that he was in any pain or danger or whatever. I think it’s just sympathy to try to sell his book now.”

    Salcedo asked if Kushner is “worthy” of Trump’s trust.

    “No,” Navarro replied. “Time after time, whether it’s mismanagement of the campaign, mismanagement of the pandemic, taking too much credit for NAFTA, taking too much credit for the Abraham Accords. I mean, the guy was just a one-man wrecking crew, 36 years old I think when he got in there with no training. His only qualification was that he was the boss’s son-in-law.”

    Notably, Navarro is dealing with a few of his own issues at the moment. A few days ago he was sued by President Biden’s Justice Department for refusing to hand over emails from his personal accounts which were used to conduct official White House business. Earlier this summer, he was criminally charged for ignoring a subpoena from the Jan. 6 Committee.

    Judge Judy Labels Trump Hush Money Case ‘Nonsense’

    By
    admin
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    2
    Donald Trump via Gage Skidmore Flickr

    A waste of time and taxpayer dollars…

    “Judge Judy” Sheindlin called Manhattan District Attorney Alvin Bragg’s (D) hush money case against former President Trump “nonsense” in a recent interview.

    “You gotta twist yourself into a pretzel to figure out what the crime was. [Bragg] doesn’t like him — New York City didn’t like him for a while,” Sheindlin said of Trump in a “Who’s Talking to Chris Wallace?” interview streaming Friday on Max.

    “I would be happier, as someone who owns property in Manhattan, if the district attorney of New York County would take care of criminals who were making it impossible for citizens to walk in the streets and use the subway, to use his efforts to keep those people off the street, than to spend $5 million or $10 million of taxpayers’ money trying Donald Trump on this nonsense,” the longtime TV judge told Wallace.

    Watch:

    “I, as a taxpayer in this country, resent using the system for your own personal self-aggrandizement,” the “Judy Justice” personality said of Bragg.

    OLYMPUS DIGITAL CAMERA

    Asked by the CNN anchor what she thought of Trump, the 81-year-old former Manhattan Family Court judge replied, “I think he was a good businessman, a real estate guy. And he was certainly terrific on ‘The Apprentice.’”

    The celebrity judge’s comments come as the Manhattan DA seeks an extension of the restraining order against former President Donald Trump. (RELATED: Manhattan DA Seeks Extended Gag Order Against Trump Amid Death Threats To Bragg)

    They argue that Trump’s public statements have increased tensions and led to threats against Bragg and his team before Trump’s July 11 sentencing.

    The Manhattan District Attorney’s Office charged Trump with 34 counts of falsifying business records as part of a hush-money scheme to prevent porn star Stormy Daniels from speaking out about her alleged extramarital affair before the 2016 presidential election.

    Before Trump, no sitting or former president ever faced criminal charges. This is the lowest level felony in New York, any potential sentence will more than likely be served after the 2024 election.

    As The New York Times reports:

    The order, issued before Mr. Trump’s Manhattan criminal trial began in mid-April, bars him from attacking witnesses, jurors, court staff and relatives of the judge who presided over the trial, Juan M. Merchan.

    Mr. Trump’s lawyers have sought to have the order lifted since Mr. Trump’s conviction in late May. But in a 19-page filing on Friday, prosecutors argued that while Justice Merchan no longer needed to enforce the portion of the gag order relating to trial witnesses, he should keep in place the provisions protecting jurors, prosecutors, court staff and their families.

    Article Published With The Permission of American Liberty News

    Fox News Host Laura Ingraham Joins Board of Trump Jr.’s New SPAC

    By
    Madeleine Jackson
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    0

    Fox News primetime host Laura Ingraham has been named a board member of a new special-purpose acquisition company (SPAC) led by Donald Trump Jr..

    The blank-check firm, Colombier Acquisition Corp. III, filed its registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday, planning to raise 26 million units at $10 each — a total IPO target of about $260 million.

    The stated mission of the new SPAC is stirring: the company intends to “fund the next chapter of American Exceptionalism and help Make America Grow Again.”

    A Powerful Line-Up

    This initiative brings together heavyweight conservative and business voices:

    • Donald Trump Jr. himself is listed as a director of the SPAC.
    • Ingraham, as noted, takes a board seat, aligning her media voice with pro-growth, America-first business leadership.
    • Others on the board include billionaire investor Chamath Palihapitiya (often dubbed “Wall Street’s SPAC king”), Blake Masters (a former president of the Thiel Foundation and GOP Senate candidate-turned-investor), and conservative business leader Chris Buskirk of 1789 Capital.
    • The SPAC is sponsored by 1789 Capital — a firm with ties to Trump family allies including Trump Jr. — and led operationally by finance veteran Omeed Malik.

    Why This Matters for the Republican Agenda

    1. Scaling American Growth — The SPAC presents an opportunity to invest in high-potential private companies that are aligned with conservative economic principles: innovation, domestic manufacturing, job creation. It echoes longstanding themes of shrinking dependency on foreign supply chains and revitalizing American industry.
    2. Bringing Conservative Media Into the Arena — Laura Ingraham’s role on the board is significant beyond her television presence. It bridges the media platform with private-capital activity in service of a pro-growth agenda, reinforcing conservative alignment across cultural and economic spheres.
    3. Leveraging the Trump Ecosystem — This SPAC is further proof of increasing alignment between the Trump family’s business interests and the conservative movement. With Trump Jr. at the helm and Fox News hosts like Ingraham working in the same orbit, the cultural and economic wings of the movement are becoming more integrated. Some might view this as a consolidation of influence — and for supporters, it represents an effective mobilization of talent, media, capital and ideas.
    4. Messaging Strength — The marketing language around “American Exceptionalism,” “Make America Grow Again,” and taking bold action to merge private champions into public markets resonates deeply with patriotic, pro-growth, and pro-Liberty voters and investors. It signals optimism about the future of U.S. business and opportunity.

    Considerations for Conservative Investors & Supporters

    • Alignment of values and vision: This venture clearly invites participation by those who believe in American economic strength, renewal of manufacturing, and innovation under a conservative framework.
    • Risk and reward: As with all SPACs, there are inherent risks — particularly the uncertainty of what private company will be merged and how the market will react. However, the backing of high-profile conservative leaders may bring a unique brand strength and network effect.
    • Cultural impact: Ingraham’s involvement means that conservative media will potentially be linked to private-market outcomes. This could amplify messaging but also raise questions about separation of media and business roles (a subject of debate).
    • Timing: The filing was recent, and the IPO process is underway. As the venture develops, more details will emerge (which company they will target, when, etc.). Supporters should watch for updates and ensure that the company they merge with aligns with the broader vision.

    What’s Next

    Supporters in the conservative movement will likely view this development as a concrete manifestation of turning media influence into economic muscle — shaping culture and business in tandem.

    The IPO units are expected to trade under the ticker “CLBR U” on the New York Stock Exchange (NYSE).

    The next steps will include selecting a target company to merge with, closing the deal, and executing on growth plans. Investors should monitor the company’s announcements and disclosures via SEC filings.

    Media watchers will track how this move influences the relationship between conservative media, the Trump business ecosystem, and public market investment.

    The Democrat Shutdown is nothing more than a political scheme to hold America hostage. JD Vance is calling Schumer to END THE SHUTDOWN. [CO-SIGN THE MEMO HERE]

    Trump Launches New Streaming Platform

    By
    Madeleine Jackson
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    0
    Donald Trump via Gage Skidmore Flickr

    Presumptive Republican presidential nominee Donald Trump’s media company announced the launch of a new video streaming platform this week.

    The Daily Caller reported that Trump Media & Technology Group (TMTG), the parent company of social media platform Truth Social, went public after shareholders approved a merger with Digital World of Acquisition Corporation (DWAC) in March. Trump’s media company detailed its plans to roll out its “new live TV streaming platform” in an email announcement.

    “Trump Media & Technology Group Corp. (NASDAQ:DJT) (‘TMTG’ or the ‘Company’), operator of the social media platform Truth Social, announced today that after six months of testing on its Web and iOS platforms, the Company has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network (‘CDN’),” the announcement reads.

    The Daily Caller has more:

    Trump’s streaming platform will be introduced in three phases, the announcement states. First, it will appear on the Truth Social app. Next, the streaming app will become available separately for download on phones, tablets and additional devices. Phase three of its rollout will encompass Trump’s streaming platform becoming available for download as an app on TVs.

    Trump’s streaming service will host content “that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” the announcement reads. Genres of content include “news networks, religious channels, [and] family-friendly content including films and documentaries.”

    New York Launches Probe Into Trump Judge

    By
    Madeleine Jackson
    -
    4
    Gavel via Wikimedia Commons Image

    The New York State Commission on Judicial Conduct has launched an investigation into a New York attorney’s claim that he advised Judge Arthur Engoron in the case against former President Donald Trump.

    Attorney Adam Leitman Bailey told WNBC-TV that he had a courthouse conversation with Engoron three weeks before the judge would slap Trump with a $454 million penalty for fraudulently inflating the value of his assets.

    New York judges are barred from considering outside opinions in such a way when litigating a case, yet Bailey said he discussed the legal questions at length with the judge.

    Judge Engoron’s ruling ordered Trump to pay nearly $355 million, Donald Jr. and Eric to each pay $4 million, and ex-Trump Org chief financial officer Allen Weisselberg to pay $1 million. The order also barred Trump from serving as a corporate officer or a director of a company in New York for three years, and barred his sons for two years. The Trumps did avoid the so-called “corporate death penalty;”

    “I actually had the ability to speak to him three weeks ago,” Bailey said in an interview with the station on Feb. 16, just hours before the judge issued his ruling.

    “I saw him in the corner [at the courthouse], and I told my client, ‘I need to go,’” he recounted.

    “And I walked over, and we started talking … I wanted him to know what I think and why … I really want him to get it right,” the attorney continued.

    He said he “explained to” Engoron that ruling against Trump would have far-reaching implications beyond destroying the former president, including damaging New York’s economy.

    If Trump were forced to pay a hefty fine and shut down his business, it would make other companies concerned about similarly being targeted at any time, even when there were no actual damages or victims, as in this case.

    Trump’s legal team raised the same points, which Engoron ignored in his verdict.

    In a later interview with WNBC, Bailey walked back his claims slightly, saying they “didn’t even mention the word ‘Donald Trump’” during their conversation.

    However, the attorney admitted that it was understood exactly what they were discussing.

    “Well, obviously, we weren’t talking about the Mets,” Bailey said.

    According to the New York State Rules of Judicial Conduct, “a judge shall not initiate, permit, or consider ex parte communications, or consider other communications made to the judge outside the presence of the parties or their lawyers.”

    Al Baker, a spokesman for the state’s Office of Court Administration, denied that the judge had broken those rules.

    “The decision Justice Engoron issued February 16 was his alone, was deeply considered, and was wholly uninfluenced by this individual,” Baker said in a statement, according to WNBC.

    Airbnb Co-Founder Opens Up About Leaving Democrat Party to Support Trump

    By
    Madeleine Jackson
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    0
    President Donald Trump participates in a welcome ceremony with Saudi Crown Prince Mohammed Bin Salman Al Saud at the Royal Court Palace in Riyadh, Saudi Arabia, Tuesday, May 13, 2025. (Official White House Photo by Daniel Torok)

    Earlier this week, Airbnb co-founder Joe Gebbia opened up about why he decided to leave the Democrat Party to support President Donald Trump.

    During an interview with former White House official Katie Miller – the wife of White House Deputy Chief of Staff Stephen Miller – Gebbia revealed how he became drawn to the Republican Party through Secretary of Health Robert F. Kennedy Jr. and the crisis at the southern border.

    “At what point did you know in the last election that you were like, ‘I wanna help President Trump’? Was it Bobby Kennedy and your love for MAHA? Like, what was it?” asked Miller on The Katie Miller Podcast.

    Gebbia responded, “I’ve been on my journey. Everyone’s been on a journey, and I think through, you know, certainly Bobby Kennedy and supporting him, and I’ve been so grateful for the work that he’s doing, to be somebody who just cares so much about the health of our nation, and you know, has no ties to industry and is really just able to bust through walls and sort of, like, right size the ship.”

    The Airbnb co-founder revealed that he “grew up in an alternative medicine, health food household,” which made him gravitate towards Kennedy when he ran for president on a “Make America Healthy Again” platform.

    Watch:

    However, Gebbia told Miller it was the crisis at the southern border that ultimately made him lose faith in the Democratic Party and become a Republican.

    “I think it was early 2021, mid-2021, the activity at the border caught my attention, and I just remember thinking, ‘What’s going on with this topic? It seems as if there’s no border,’” he said. “And as it got worse that year, I felt like I needed to understand this problem more, so I reached out to my friends, largely on the Democratic side of the house, at all levels, from the highest level all the way down.”

    Gebbia said that while he received “some answers” from friends in the Democratic Party, he ultimately “felt unfulfilled,” and so decided to talk to former Trump senior adviser Jared Kushner about the issue:

    I get on the phone with Jared and say, “Hey, can you help me? Fill in the gaps for me. Like, what am I missing here? Is this normal? Like, seems there’s no enforcement of our own border. Like, don’t nations need borders to be a nation?” And so he put me on this curriculum of just talking to experts in the field, and I remember just being like holy cow, this is crazy. Like, this is not right. This is a real problem and there’s no reason why we shouldn’t be enforcing the laws of our country and our border. And so I think, as I started to pull on that thread, I sort of, you know, begin to look at other topics and eventually came to the point where I don’t think I can support a political party that wants to have an open border, that lets in criminals and dangerous people into our country. That’s just not something I can get behind.

    The most effective way to support State Republicans is to stand tall for America FIRST — renew your MAGA pledge today!

    RNC Chair Lara Trump Releases New Single

    By
    Madeleine Jackson
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    1
    Image via gage Skidmore Flickr

    The Trump family is full of talents.

    On Thursday night, RNC chair Lara Trump released her second single and teased the release of several more songs coming soon.

    According to Mediaite, Trump—who made headlines with her 2023 cover of Tom Petty’s “I Won’t Back Down”—spontaneously dropped yet another single, “Anything is Possible,” at midnight on Thursday evening.

    “A little something I had fun with over the winter,” wrote Trump in a social media post announcing the song. “And a few more too that I’ll save for a future date, special for my YUGE fans in the liberal media [winky face emoji].”

    In the uplifting single about faith, which is currently available to stream on Spotify and Apple Music, Trump sings, “I’ve had my ups and downs, cried when no one’s around. Still I gotta put my game face on, even when I’m not feeling strong. No matter how it seems, I wouldn’t trade a thing, ’cause all of it makes me who I am.”

    She continues in the chorus, “Don’t think, just jump, you can’t give up. Know that anything is possible. Have faith, believe, just trust, you’ll see, anything is possible.”

    It is unclear whether Trump currently has an album in the works or whether she has just produced a collection of singles.

    Earlier this month, Trump was elected to serve as co-chair of the Republican National Committee following Ronna McDaniel’s exit.

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