Barbara Jones, the former federal judge serving as a court-appointed monitor of Trump business practices amid the fraud case from New York state Attorney General Letitia James, says in a new update for the court that she has put Trump’s social media operation under scrutiny.
Specifically, that arrangement entails supervision for the Trump Media & Technology Group (TMTG), which is the Trump-branded business entity behind Truth Social, where the former president himself has been posting regularly.
“We have also requested and, to the extent available, reviewed specific financial information in connection with the following,” Jones said, then listing that Trump entity. She also listed the recent sale of the Trump Organization’s role in golf operations at a city property in New York City and a filing related to a claimed conservation easement tied to a Trump property in Miami, among other points of interest. The New York City golf lease had been set to span twenty years in total, and the Trump team wasn’t even halfway through that period on the occasion of a recent takeover by a company called Bally’s. City authorities had initially tried to boot Trump following the early 2021 violence at the U.S. Capitol spurred by his lies.
Other areas of Jones’ monitoring include any transactions sending upwards of $5 million out of key accounts associated with a Trump trust. She outlined recent developments including the supervision she undertook of the company behind Truth Social in a regular update for the court.
That Trump business entity has faced a lengthy series of hurdles in originally announced ambitions of merging with a so-called blank check company called Digital World Acquisition Corp. (DWAC), which is already public and attracted investments from Trump supporters in anticipation of the business combination. DWAC, though, was eventually hit with a Securities and Exchange Commission (SEC) case over undisclosed discussions on the Trump merger before the company went public, incurring fines.
