this post was submitted on 12 Dec 2024
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politics

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There have been internal concerns that Trump Media could be misleading investors, a source said. But with its largest shareholder about to be president, experts doubt the SEC is up to the job of investigating Truth Social’s parent company.

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[–] henfredemars@infosec.pub 6 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I have to say I’m not sure how to feel about this. I want to be concerned, but other extreme miscarriages of justice significantly outshine a simple conflict of interest. I have greater concerns about our fundamentals.

[–] 14th_cylon@lemm.ee 2 points 2 weeks ago (1 children)

On top of that, I would say that any investor willing to invest in this wants to be mislead, so unless they are investing someone else's money, why should we care?

[–] Corkyskog@sh.itjust.works 1 points 1 week ago

Well it's in a couple indices that people auto invest in... so that's not great.

[–] Yodan@lemm.ee 5 points 2 weeks ago

The trump technique, commit more crimes than you are able to prosecute in a bureaucratic order/timeline and get away with 90% of them while it takes years unraveling the 10%. By the time it's over, you've done it again and it doesn't matter anymore.

[–] MagicShel@lemmy.zip 4 points 2 weeks ago

I don't like this, but is this on a level beyond congress being allowed to do insider trading? Yes, it should be fixed, but it's not in my top fifty concerns.