Former American president Donald Trump’s social network Truth, which has just been launched on Nasdaq, was “saved” by a Russian-American businessman, in the crosshairs of American justice for money laundering.
Anton Postolnikov is still the nephew of Aleksandr Smirnov, an ally of Vladimir Putin. The information was revealed by the British newspaper The Guardian.
According to the report, an investigation was opened in 2022 that delayed Truth Social’s IPO, and the network obtained a loan from Es Family Trust, a shell company owned by Postolnikov, who is also co-owner of Paxum Bank, a small bank on the island of Santo Domingo that finances the porn industry.
This Wednesday (3), Trump also filed a lawsuit against Andy Litinsky and Wes Moss, co-founders of the network, for “mismanagement” in the early stages of the platform, and asked for their removal as shareholders.
In documents filed in Florida court, Trump Media & Technology Group Corp alleges they made significant errors that caused delays in the public launch of the recently listed company and therefore should lose their shares.
The two, former contestants on Trump’s show “The Apprentice”, proposed the idea for the social network to the mogul after he was banned from X (then Twitter) following the attack on the Capitol on January 6, 2021.
“This was a phenomenal opportunity for Moss and Litinsky.
Without President Trump, Truth Social would be impossible,” the lawsuit says.
