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Is it possible that the stock getting pumped up was a way for foreign governments to legally transfer money to him? Could a government (or multiple governments) launch a coordinated effort to increase the price of a stock through strategic actions? It wouldn't necessarily need to be a sustained effort, just enough to get it going and give it some momentum, then TrumpCo pulls out and collects on his legal not-a-bribe money.
It is called Money Laundering and is definitely not Legal. But is hard to prove because Shell Companies doing it and lying makes it very easy to accomplish.
Seems possible. Also this SPAC deal injected somewhere from $200-300 million in cash into the company. They could continue to operate with this level of losses for quite a while unfortunately, years of runway before running out of money now even losing $58 million a year. If there's enough buying activity in the stock it could be used to effectively transfer wealth to Trump when he begins selling whenever his lockout is expired (or gets removed early). Even if he's not selling and the price is propped up, could be used as collateral for loans as a way to benefit without generating a taxable event.
Plus there's plenty of ways to use shares you can't sell yet to get money. I guarantee this price inconsistency is a way to funnel money to their asset.
I mean it could be, but why? Super Pacs already exist.
Because a foreign government funneling money into a super PAC is easier to trace and proof intent. Buying stocks is just an investment without any political implications.
Not nearly as easy as you might think. Also intent is even harder to prove these days thanks to a certain Supreme Court.
Sending money to an organization that carries in its name that it's intended to do political actions is definitely a show of intent. And that's not a legal question. Legally, a Russian oligarch could send money to an American company he owns/controls and that company could then forward that money to a super PAC. Easy to pull off legally, but very open and if it comes out, there's hardly any denying.
Buying stocks on the other hand is super simple to do directly and of course a Russian oligarch has a bunch of assets, some just happen to be Trump related stocks. Nothing to see.
They do have a special master watching things though, don't they? So it's going to be difficult to achieve that if that's what's going on.
They have a financial monitor watching the Trump organization holding company. I believe Trump Media group is a distinct company, 58% owned by Donald Trump, probably not a part of that monitoring. Unlike the Trump organization, it's also not incorporated or headquartered in New York (it's headquartered in Florida of course).
https://en.m.wikipedia.org/wiki/The_Trump_Organization
https://en.m.wikipedia.org/wiki/Trump_Media_%26_Technology_Group
Someone please correct me if I'm wrong on any of this though.
I was thinking more about transferring from one to the other.