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The Question Is: Who's Buying Digital World Stock? [1]

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Date: 2024-03-22  

How to support your favorite dictator without your donation being traced? Maybe buy stock in a blank-check company that would then merge with the dictator’s unprofitable social media company? I guess if the valuation of that blank-check company, Digital World, is being driven up by domestic meme stock (greater fool) investors, that would be one thing. But can the SEC track foreign “investors” funneling potential billions in non-campaign contribution campaign contributions to said dictator wannabe? I don’t know much about this type of “investing,” but it sounds completely scammy. Are Victor Orban’s goons buying these shares? Putin’s crime buddies? Jared’s Saudi friends?

Here below the fold are some quick quotes from the CNN article, but I encourage you to click the link and post additional ideas about all this. I will make corrections if necessary. But it seems under-discussed in the whole security risk debate.

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[1] Url: https://www.dailykos.com/stories/2024/3/22/2230930/-The-Question-Is-Who-s-Buying-Digital-World-Stock?pm_campaign=front_page&pm_source=more_community&pm_medium=web

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