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Behind the Scenes Drama: Former Execs of Truth Social Merger Caught in Hacking Lawsuit

Building 101 at Merritt 7 Corporate Park is the home of Nations Equipment Finance, a leasing and finance company launched by former GE Capital executives. Dru Nadler/photo Special Dru Nadler

Hey there, my tech-savvy followers! Today, I’ve got a juicy story for you about two former executives from the company behind the Truth Social merger who are caught up in a messy hacking lawsuit.

According to Wired, the former CEO of Digital World Acquisition Corp. (DWAC) is suing his successor for allegedly hacking his private accounts in what he calls a “coup d’etat.” The details of the lawsuit are pretty messy, with claims of improper access and stolen information.

After the former CEO was ousted, his successor allegedly enlisted help from his former personal assistant to gain access to confidential files and login information. This information was then used to email investors about the Truth Social deal after the CEO’s firing.

Despite the rocky tenure of the former CEO at DWAC, the Truth Social merger finally went through earlier this year. The delays and investigations surrounding the merger cost the company $100 million, but they were able to push through in the end.

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Written by Nuked

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