this post was submitted on 07 Jun 2024
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Sky News can reveal Trump has failed to comply with the costs order with Christopher Steele, the former MI6 agent who compiled the infamous document.

Trump was ordered to pay costs in February after the High Court threw out his attempt to sue Mr Steele's company Orbis Business Intelligence.

The former president claimed the report, which included unsubstantiated allegations of bribery and that he used sex workers while on a trip to Moscow, contained inaccuracies and breached his rights under the Data Protection Act.

The judge, Mrs Justice Steyn, did not make any judgment on the allegations but ruled the claim was invalid because it was filed after the six-year limitation period. Trump was subsequently also denied leave to appeal.

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[–] MagicShel@programming.dev 25 points 5 months ago* (last edited 5 months ago) (1 children)

Truth isn't worth shit. I have no idea how anyone decided it was worth investing billions, but there is no fucking way there isn't some egregious fraud going on there. I would imagine tracing the investors back reveals a number of low-capital morons investing their retirements and a bunch of foreign nationals buying influence.

Still not worth billions because Trump isn't worth it if he doesn't win. If he loses the election, I think that stock is going to tank the next day down to about zero as all the big investors pull out.

[–] TimLovesTech@badatbeing.social 25 points 5 months ago

At least two of the early members have already been indicted for insider trading, and I think it was the brokerage company for Truth also had some fraud charges against it. But that evaluation is 100% bull for a company running in the red the whole time and no plan on actually breaking even let alone making a profit. All serious investors have said it's basically a scam for suckers (his base that he despises).