Trump Media Deal Faces Internal Turmoil and Lawsuits, Threatening Plans for Pro-Trump Online Empire

Trump Media & Technology Group planned to go public via a merger with Digital World Acquisition Corp, but the deal has faced multiple lawsuits from former leaders alleging deception.

The lawsuits question how Trump Media's shares will be distributed, potentially reducing Trump's stake worth hundreds of millions of dollars.

Patrick Orlando, CEO of Digital World, is leading a rebellion by refusing to vote shares under his control in support of the merger that could cause it to fail.

Two former Apprentice contestants who launched Truth Social are suing Trump Media, claiming the company plans to massively dilute their ownership stake.

The legal turmoil exposes the inner dysfunction of efforts to build a pro-Trump online empire and threatens Trump's potential financial lifeline.