Trump Media CEO Devin Nunes has appealed to former GOP colleagues in Congress to investigate alleged illegal short selling of ‘DJT’ stock. Nunes claims there are indications of unlawful manipulation and requests an investigation into the extent, purpose, and potential violations of RICO statutes and tax evasion laws.
Results for: Naked Short Selling
Former GOP representative and current CEO of Trump Media & Technology Group, Devin Nunes, expressed concerns about unlawful and potentially illegal trading activity involving the company’s stock. According to Nunes, certain traders may be engaging in ‘naked short selling,’ a risky and potentially illegal practice involving the sale of stock before borrowing it. Nunes called on lawmakers to investigate and hold accountable those responsible for any illegal activities.