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Two Florida brothers, Michael and Gerald Shvartsman, pleaded guilty to insider trading charges related to illegally making millions before the public announcement that an acquisition firm was taking former President Donald Trump's media company public. The scheme involved making illegal trades using non-public knowledge that Digital World Acquisition Corp was merging with Trump Media & Technology Group.
Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in Trump's media company long before it went public. https://t.co/l0qZBo1qmy
Two men plead guilty to insider trading in securities in the company that ultimately took former President Trump’s media business public. https://t.co/QIrAsiFKI5
Brothers Michael and Gerald Shvartsman pleaded guilty to insider trading after they together made more than $22 million by making illegal trades using non-public knowledge that Digital World Acquisition Corp was merging with Trump Media & Technology Group. https://t.co/CXRfIjqk6F