Truth Social Vows to Punish Short Sellers, Expands Streaming

Submitted by MAGA Student

Posted 8 days ago

Truth Social vows to punish short sellers, says streaming service 'moving forward'

Truth Social, the social media platform owned by Trump Media & Technology Group, has expressed confidence in its future after going public earlier this year. The platform told Just the News that its streaming service is moving forward and that it is actively working to stop people from illegally short selling its stock.

Truth Social plans to host documentaries, shows, and television networks that are at risk of being canceled due to biases within the entertainment industry. The platform is also planning on mergers and acquisitions to grow its brand and improve the user experience.


The company feels well positioned at its current stage, with more than $200 million in the bank and more than 600,000 shareholders. In order to maintain momentum and prevent illegal short selling of its stocks, Truth Social has contacted various authorities. If it turns out that people are illegally short selling the stocks, the perpetrators need to be criminally prosecuted, a spokesperson said.

The company's goal ahead of the 2024 presidential election is to serve as a one-stop shop for the public to read the latest news and opinions. The platform's stance against cancel culture and its commitment to free speech have made it a popular choice for conservatives and supporters of former President Donald Trump.

The news comes as Truth Social continues to face challenges from left-leaning critics and mainstream media outlets. However, the platform's growing user base and commitment to providing a space for free speech have helped it weather the storm.

In a statement to Just the News, a spokesperson for Truth Social said, "We are committed to providing a platform for free speech and a space for conservatives to express their views without fear of censorship. We will continue to work hard to grow our brand and provide our users with the best possible experience."

The news of Truth Social's plans to expand its streaming service and crack down on illegal short selling is sure to be welcomed by conservatives and supporters of former President Trump. The platform's commitment to free speech and its stance against cancel culture have made it a popular choice for those who feel that their views are not being represented in the mainstream media.

As the 2024 presidential election approaches, Truth Social is poised to play an important role in shaping the political landscape. With its growing user base and commitment to providing a space for free speech, the platform is sure to be a force to be reckoned with in the coming months and years.

Sources:
bizpacreview.com
justthenews.com
frontpagemag.com



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