Truth Social’s Infighting is Described by the Co-founder of Trump’s Media Company.

The Post also received a copy of the log, as well as many other memos and photos that documented the creation of Trump Media. His attorneys stated that all of the materials Wilkerson shared to The Post had been previously given to government investigators.

Both the SEC and SDNY declined to comment.

Digital World Acquisition, the SPAC pushing to take Trump Media public, stated in an SEC file that it was aware that the SEC was conducting an investigation and sought documents regarding the merger with Trump Media. Digital World stated in another filing that it was aware of the subpoenas issued by the SEC to its board members to obtain documents related to the initial public offering filings. The investigation, the company claimed, could “impede” or “prevent” the merger.

Wilkerson claimed he was still employed by the company on Oct. 6, when the SEC complaint was first reported by The Miami Herald. Wilkerson was suspended by a Trump Media lawyer that night for violating his nondisclosure agreement.

The Post interviewed Wilkerson and his lawyers and sent Wednesday’s detailed list of allegations and questions to Trump Media, Trump Organization and Trump Media, Trump’s family-owned business.

Only Trump Media replied, stating that Trump, as the company’s chairman, had hired Devin Nunes (R. Calif.), as CEO to “create an environment of compliance” and “build a world-class staff to lead Truth Social.” It claimed it was already a success having launched on Apple and Google, and “executed multiple features updates” to attract millions of users. “Ignoring this achievement, The Washington Post sent me an inquiry filled with knowingly false statements and defamatory statements as well as other concocted psychodramas,” the statement didn’t address Wilkerson’s claims.
Trump Media fired Wilkerson Thursday after citing his “unauthorized disclosures to The Post.” Brewster, Wilkerson’s attorney, described the termination as “patent retaliation” against an SEC whistleblower.

Digital World Acquisition asked shareholders for more time to complete the merger. This would unlock hundreds of million of dollars for Trump Media, but it is effectively frozen while federal investigations are concluded.

The most prominent company official to talk publicly about operations is the SEC from Wilkerson. This revelation comes at a difficult time for Trump’s Media. The SPAC’s share price plunged from $175 to $18 Friday, as investors became discouraged by the stalled merger. Nearly 4 million people follow Trump on Truth Social, the company’s only product — well below his Twitter peak at 88 million. Investors were promised that the company would exceed 50 million users by 2024.

Trump, Orlando, and Nunes have stated in public statements that Trump Media would eventually be a profitable business. Wilkerson stated that he believes the company’s internal problems will lead to its demise.

He said, “We weren’t trying to become Trump Org 2.0.” We always saw Trump be the rocket fuel that would propel this thing into space. This was my greatest desire. These are serious issues and they threaten me with violence if I don’t speak up. “I couldn’t keep quiet any longer.”