Trump’s App Truth Social Deal Goes Under Investigation as Digital World Acquisition Faces Subpoenas

Trump’s App Truth Social Deal Goes Under Investigation as Digital World Acquisition Faces Subpoenas

The company planning to buy Donald Trump’s new social media business has disclosed a federal grand jury investigation that, it says, could impede or even prevent its acquisition of the Truth Social app. Shares of Digital World Acquisition dropped 10 percent in morning trading on Monday as the company revealed…

Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition

Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition

Blockchain-based payments company Roxe Holdings is nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore), according to people familiar with the matter. The deal bucks an unfavorable market environment with cryptocurrencies plunging…