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The Independent UK
The Independent UK
National
Oliver O'Connell

Trump news - live: DoJ prepared for more charges as insider trading scheme uncovered at Trump Media SPAC

Copyright 2023 The Associated Press. All rights reserved

CNN plays tape of Trump appearing to show off classified military documents

The Department of Justice is prepared to seek indictments against multiple figures in former president Donald Trump’s orbit and may yet bring additional charges against the ex-president in the coming weeks, The Independent has learned.

According to sources familiar with the matter, the department has made preparations to bring what is known as a “superseding indictment” — a second set of charges against an already-indicted defendant that could include more serious crimes — against the ex-president, and could do so in a number of different venues, depending on how prosecutors feel the case they have brought against him in a Florida federal court is proceeding.

Meanwhile, Three investors in the special purpose acquisition company (SPAC) that took the Trump Media & Technology Group public have been indicted for insider trading concerning the deal, making $22m in alleged illegal trades.

All three were arrested in Florida on Thursday morning, charged with trading in securities of Digital World Acquisition Corporation (DWAC) based on non-public information about the company’s planned combination with Trump Media, which was founded by the former president and is the parent company of social media platform Truth Social.

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