If the SPAC is approved this week, he could potentially use the stock as collateral to get a bond and avoid having properties seized or declaring bankruptcy by next week’s deadline.

  • baru@lemmy.world
    4·
    9 months ago

    Or it’s a form of money laundering. Meaning, the people buying are totally ok with it not being worth much at all. It’s just a way to buy Trump.

    • Funderpants
      2·
      9 months ago

      Like the NFTs and hotel stays…

      Probably a little of column A and a little of column B.