Donald Trump and the problems with his media company, Trump Media & Technology Group

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Last year, he created Trump Media & Technology Group to launch his own Twitter competitor, Truth Social. But it has run into its own problems, which have grown to include accusations that it is operating as a stock scam to enrich Trump and those close to him.

Since December, the feds have been luxembourg phone number data investigating Truth Social, Trump Media & Technology Group and Digital World Acquisition Group for alleged securities violations. The company's stock price took a further hit this week when it was again served with subpoenas by a federal grand jury in New York.

The scrutiny of the merger between Digital World and Trump Media, which has been under investigation for months, thus continues. This threatens to further delay the completion of the merger, which would provide Donald Trump's company and its media platform with up to $1.3 billion in capital, in addition to a stock market listing.