NEW: an Arizona grand jury has indicted 18 people, including former state senator Kelli Ward and Turning Point official Tyler Bowyer on multiple counts for conspiring to keep Donald Trump in office after the 2020 election.
The 58 page indictment, handed up yesterday but just announced a few minutes ago by AG Mayes, includes 7 defendants whose names are redacted.
The indictment lists Trump as "unindicted co-conspiractor #1"
Social medial platform Gab is seeking to raise $5M in an SEC regulated crowdfunding effort.
Per the offering, the site, known for its far right users, has 5.94m registered users - well more than double those on Truth Social.
Some interesting stuff in prospectus:
- estimates the global social media market worth $193B and will grow to $940B by 2026 (>4x growth)
- Gab says it's not just social media but seeks "to build a parallel internet and a parallel economy"
-that includes: social network, video hosting, payment processing, video conferencing & ad tech
-GabPay, for example, has a fee of 1.9% + $0.15 per transaction. Built b/c Gab got kicked off Paypal and Stripe
-GabPro is a subscription program costing $15/month or $500 lifetime
Smack in the middle of the 2nd FIFA trial - w/two ex-Fox officials as defendants - Mexican broadcaster Televisa has agreed to pay $95 million to settle a shareholder lawsuit accusing it of using bribes to win rights to the 2018-2030 World Cups.
The settlement is particularly relevant because prosecutors allege Fox won rights to the 2018-26 World Cups thanks to relationships cultivated through bribery. Televisa, Fox and Globo were all accused of corruption by cooperator Alejandro Burzaco, who has twice testified
Fox is not on trial and Televisa has denied wrongdoing. But the arrival of the settlement, which is not in evidence in the criminal case, is certainly interesting timing.
A bill was just introduced in FL that would massively overhaul libel laws in the state & potentially the country. It comes 2 weeks after Gov. DeSantis spoke out on defamation
Among other things, the bill, HB991, would gut the "actual malice" provision under NYT v Sullivan.
I wrote about DeSantis' targeting of Sullivan last week, and how a growing number of Republicans are joining in efforts to roll back or overturn the landmark precedent. But this bill goes far beyond just that.
HB 991 goes after the reporter shield law and creates the presumption that statements from anonymous sources are false; it gives plaintiffs expanded leeway on venue, limits who is a "public figure" for libel purposes, and increases money damages.
The company that licensed Trump's image and likeness for the $99 NFT trading cards appears to be one founded in 2021 by former Trump advisor Nick Luna and current Trump lawyer John Marion.
Its mailing address is the same as the Trump International Golf Club in West Palm Beach.
Little is known about CIC, but a little digging shows that a manila folder seized from Mar-a-Lago by the FBI in August was marked "Serio Contract" and contained a contract with CIC Ventures and Gold Ventures, per a federal court filing.
- who/what is NFT INT LLC?
- who/what is CIC Digital LLC?
- how can they make all these promises about access to Trump if this company or companies "is not owned, managed or controlled by Donald J. Trump" ?
Quick skim of public records show an NFT International LLC registered in Wyoming in March 2021 and an NFT INT LLC registered in Delaware in in Feb 2022. Both using 3rd party firms to obscure ownership.
There is a CIC Digital LLC registered in Delaware too; opened in March 2022. Again, no transparency on ownership.