Trump Media and Technology Group, the parent company of Truth Social, has dropped its defamation claim against the Guardian and two other defendants regarding a report on federal investigations into $8 million in payments.
Trump Media and Technology Group, which operates the Truth Social media platform, announced Tuesday that it was partnering with the cryptocurrency exchange Crypto.com to form a company that holds CRO, a token created by Crypto.com. A blank check company tied to Yorkville Advisors is another co-founder of the new firm, called Trump Media CRO Strategy. Trump Media said it plans to purchase $105 million worth of CRO.