Donald Trump faces a looming $454 million fraud judgment in New York that state Attorney General Letitita James could start collecting on next week.
Donald Trump could earn a windfall of $3 billion or more — eventually, at least — if shareholders in Digital World Acquisition Corp. on Friday vote to approve a merger with the former president’s social media company.
The vote by DWAC shareholders comes about two-and-a-half years after the so-called special purpose acquisition company announced plans to merge with Trump Media & Technology Group, the private firm that owns the Truth Social app platform.
It also comes as Trump faces the possibility that New York Attorney General Letitia James on Monday will start trying to collect on a massive $454 million civil fraud judgment against him.
If approved as expected, shares in the newly combined company could begin to be publicly traded next week under the stock symbol DJT, Trump’s initials.
