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Trump's Truth Social warns platform may shut down after $23mn loss
short by Ashley Paul / on Wednesday, 15 November, 2023
Ex-US President Donald Trump's Truth Social said its accounting firm warned that the platform may shut down after it posted $23-million loss from January-June 2023. "Management has substantial doubt that Truth Social will have sufficient funds to meet its liabilities," the platform said. Doubts have also been raised over DWAC, which plans to merge with Truth Social-parent TMTG.
read more at The Independent