Trump's Truth Social Blasts Reports Of Financial Trouble As "Knowingly False Bar Talk'

August 30, 2022

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Truth Social Facing Financial Difficulties

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Former President Donald Trump's social media company says media reports it is in financial trouble are "knowingly false bar talk," pointing to regulatory filings showing it raised more than $15 million and has enough operating capital until at least next spring.

Trump Media & Technology Group (TMTG) provided Just the News with a defiant statement on Sunday after Just the News inquired about speculative reports in Fox Business and The Washington Post suggesting the parent company behind the Truth Social app was cash-strapped.

Fox Business suggested the Trump company's finances were in "significant disarray," while the Post said there were "signs that the company's financial base has begun to erode..."

To read more visit Just The News.

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