President Donald Trump’s social media company Truth Social filed a $3.78 billion defamation lawsuit against The Washington Post.
“The suit claims the paper had been on a ‘years-long crusade’ to undermine Trump Media, which was founded in February 2021,” reported The Independent.
It noted, “The lawsuit, filed by Trump Media & Technology Group Corp (TMTG) in Florida’s Sarasota County, claims that a 13 May article that alleged the company may have committed securities fraud was false and defamatory, and posed an ‘existential threat.’”
The article titled “Trust linked to porn-friendly bank could gain a stake in Trump’s Truth Social” falsely claimed that the company had suppressed major details about a proposed merger from the Securities and Exchange Commission (SEC).
“The clickbait headline of the WaPo Article… immediately grabbed the common mind of readers, falsely insinuating that TMTG was involved in shady business dealings,” the suit claims.
Previous lawsuits by Trump against The New York Times, which is said to illegally obtained his tax records via his estranged niece Mary Trump, were thrown out by leftist judges.