Trump media company drops lawsuit against the Guardian
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The Bottom Line
Trump Media dropped its defamation lawsuit against the Guardian over a report on alleged money laundering.
AI Summary
Trump Media and Technology Group (TMTG) has dropped its defamation lawsuit against the Guardian and two other defendants. The lawsuit concerned a report alleging federal prosecutors were investigating $8m in payments TMTG received from entities with ties to Vladimir Putin as possible money laundering. TMTG, the parent company of President Trump's Truth Social platform, withdrew its claims without prejudice, meaning it retains the option to refile the lawsuit later. This action concludes the immediate legal challenge by TMTG against the Guardian over the money laundering report.
What's Being Done
Trump Media and Technology Group (TMTG) withdrew its claims without prejudice, retaining the option to refile the lawsuit later.
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