How Donald Trump's Truth Social Is Connected to China
By John Feng On 10/22/21 at 6:52 AM EDT
Former President Donald Trump's new social media project is backed by a venture that appears to have opaque Chinese connections, new findings have shown.
Trump, who is still banned from Twitter and Facebook, announced Truth Social on Wednesday, vowing to "stand up to the tyranny of Big Tech." It's the result of a merger between Trump Media and Technology Group (TMTG) and Digital World Acquisition Group.
In a statement out of Florida, TMTG said its value would rise to $875 million, with cumulative value of up to $1.7 billion. Truth Social, which bears a passing resemblance to Twitter, is on pre-order in the Apple App Store, with a beta expected next month and a full launch next year.
On Thursday, U.S. Securities and Exchange Commission filings posted online revealed seemingly indirect connections to potential business in China. MeidasTouch News found Digital World chief executive Patrick Orlando was also listed as the CEO of China Yunhong Holdings Ltd.
The company, founded in 2019, is incorporated in the Cayman Islands—an offshore tax haven—and has its headquarters in the Chinese city of Wuhan in the country's central Hubei province.
How Donald Trump's Truth Social Is Connected to China
By John Feng On 10/22/21 at 6:52 AM EDT
Former President Donald Trump's new social media project is backed by a
venture that appears to have opaque Chinese connections, new findings have
shown.
Trump, who is still banned from Twitter and Facebook, announced Truth Social on Wednesday, vowing to "stand up to the tyranny of Big Tech." It's the
result of a merger between Trump Media and Technology Group (TMTG) and
Digital World Acquisition Group.
In a statement out of Florida, TMTG said its value would rise to $875
million, with cumulative value of up to $1.7 billion. Truth Social, which
bears a passing resemblance to Twitter, is on pre-order in the Apple App
Store, with a beta expected next month and a full launch next year.
On Thursday, U.S. Securities and Exchange Commission filings posted online
revealed seemingly indirect connections to potential business in China.
MeidasTouch News found Digital World chief executive Patrick Orlando was
also listed as the CEO of China Yunhong Holdings Ltd.
The company, founded in 2019, is incorporated in the Cayman Islands—an
offshore tax haven—and has its headquarters in the Chinese city of Wuhan in the country's central Hubei province.
这个武汉运鸿集团
法定代表人吴东,公司经营范围包括：太阳能发电工程施工（凭许可证在核定期限内经
营）；太阳能光伏发电
董事长加总裁：李玉保
然后为了上市，2020年雇了个这个老外作为ceo，估计就是个挂名
这尼玛完全是俩完全不同的公司
这个就是川总借壳上市捞钱的公司，
牵扯大了。
【 在 rihei(嘿嘿) 的大作中提到: 】
: 这个武汉运鸿集团
: 法定代表人吴东,公司经营范围包括：太阳能发电工程施工（凭许可证在核定期
限内经
: 营）；太阳能光伏发电
: 董事长加总裁：李玉保
: 然后为了上市，2020年雇了个这个老外作为ceo，估计就是个挂名
: 这尼玛完全是俩完全不同的公司
Truth了