Trump’s Truth Social Parent Company Sues 20 Media Outlets (2)

The company behind former President Donald Trump’s Truth Social wants $1.5 billion in damages from news organizations which erroneously reported that the social media platform had lost $73 million.

Lawyers for Trump Media & Technology Group Corp. said in a lawsuit filed Monday in state court in Sarasota County, Florida, that the number was “an utter fabrication” and accused 20 news outlets of a “deliberate, malicious, and coordinated attack” against Truth Social.

Outlets including the Guardian and Reuters posted stories early last week about Truth Social’s financial condition, citing a regulatory filing by its merger partner, Digital World Acquisition ...