Nonilex,
@Nonilex@masto.ai avatar

The #ESFamilyTrust was funded for the first time on 2 Dec 2021.

#TrumpMedia then received the #loans:
$2m on 23 Dec 2021, & $6m on 17 Feb 2022.

The loans came in the form of convertible promissory notes, meaning ESFamilyTrust would gain a major stake in #Trump Media because it was offering the #money in exchange for TrumpMedia agreeing to convert the loan principal into “shares of Company Stock”.

#criminal #law #NationalSecurity #SEC #FDIC #MoneyLaundering #FARA

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