Investor Denies Making Yacht Buy To Hide Truth Social Gains

[Gunnar Larson]

Investor Denies Making Yacht Buy To Hide Truth Social Gains
<https://www.law360.com/newyork/articles/1795770?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-09&read_main=1&nlsidx=0&nlaidx=8>

By Pete Brush

A Florida venture capitalist on Thursday denied laundering insider-trading
proceeds via the purchase of a $14.7 million yacht, after prosecutors
alleged in Manhattan federal court that he illegally profited from a secret
plan to take Donald Trump's Truth Social company public.

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