Donald Trump’s social media operation appears to be facing significant money problems just as it lost a bid to obtain a trademark.
A major web-hosting operator claims Trump’s Truth Social owes some $1.6 million in contractually obligated payments, reports Fox Business — an allegation suggesting Truth Social’s finances are in “significant disarray.”
RightForge, a key Truth Social vendor and creditor, announced in October that it would host Truth Social and operate its web system. But now it claims Truth Social made only three monthly payments for the work and is threatening legal action, according to Fox Business.
Neither Truth Social nor RightForge CEO Martin Avila would discuss details, Fox reported.
In another setback this month, Truth Social’s application for a trademark…
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