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Declan HartyFortune |
The deal could inject some $300 million into the company, which operates Trump’s social media bullhorn, Truth Social.
The effort is part of a broader attack by right-wing activists on the so-called administrative state.
The legal actions threaten to undermine the agenda of one of President Joe Biden’s most aggressive regulators.
Sam Bankman-Fried was found guilty on seven criminal counts of fraud and conspiracy by a federal jury in lower Manhattan.
The letter is the latest sign of mounting anxiety among Democrats and investor advocates about the fate of the SEC’s proposed rule.