Business partners of former President Donald Trump’s social media start-up divulged this week that their business is facing additional scrutiny from federal investigators but the business remains committed to working with Mr. Trump’s team.
Digital World Acquisition Corp., a special purpose acquisition company, has a merger agreement with the Trump Media & Technology Group, the team behind Mr. Trump’s Truth Social platform.
The U.S. Securities and Exchange Commission recently requested more information from Digital World, involving communications with people outside of TMTG and information on Digital World’s financial advisor, according to a regulatory filing from Digital World made public this week.