Trump Media Company Drops Defamation Lawsuit Against The Guardian
TMTG withdraws claims over report that prosecutors were investigating $8m in payments as possible money laundering, maintaining the option to refile at a later date.
In a surprising move, Donald Trump's media company, Trump Media and Technology Group (TMTG), has dropped a defamation lawsuit against The Guardian and two other defendants. The lawsuit was in response to a report that federal prosecutors were investigating $8 million in payments the company received from entities with ties to Vladimir Putin as possible money laundering.
A filing in the 12th judicial circuit in Sarasota county, Florida, on Friday confirms that TMTG, the parent company of the president's Truth Social platform, was withdrawing its claims without prejudice, meaning it could refile the lawsuit at a later date. This sudden decision to drop the case has left many observers wondering about the underlying motives and potential implications.
Source: The Guardian
