StockNews.AI
DJT
StockNews.AI
181 days

Trump Media Joins Rumble Lawsuit to Stop Censorship

1. TMTG and Rumble sue to halt Brazilian gag orders. 2. Lawsuit aims to protect free speech and oppose censorship. 3. Gag orders threaten TMTG's operations and violate First Amendment rights. 4. CEO Nunes emphasizes TMTG's mission to support free expression. 5. Censorship demands could impact Truth Social's growth and reach.

4m saved
Insight
Article

FAQ

Why Bullish?

The lawsuit challenges oppressive measures, aligning TMTG with free speech values, which could boost investor confidence. Past instances show that free speech advocates often attract loyal user bases, enhancing platform growth.

How important is it?

The article's focus on TMTG's legal battle underscores potential risks and rewards impacting DJT's valuation. Legal wins can enhance market perception and attract investors concerned about censorship.

Why Short Term?

Immediate legal actions can affect TMTG's market sentiment, potentially leading to short-term stock movement. Similar past lawsuits have shown quick stock reactions to legal news.

Related Companies

RUMBLTWTRGOOGL
Brazil Supreme Court Justice’s Gag Orders Challenged February 19, 2025 09:18 ET  | Source: Trump Media & Technology Group SARASOTA, Fla., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, joined Rumble today in filing a lawsuit to halt attempts by Brazilian Supreme Court Justice Alexandre de Moraes to force Rumble to censor accounts belonging to a U.S.-based Brazilian user. The lawsuit, filed in U.S. federal court in Tampa, Florida, aims to free Rumble from Moraes gag orders clearly intended to suppress the political opinions of a Rumble user. Such censorship would violate TMTG’s and Rumble’s commitment to free speech and—if enforced in the United States—violate the First Amendment as well as other laws. TMTG CEO and Chairman Devin Nunes said, “TMTG is firmly committed to upholding the right to free expression. This is not just a slogan, it’s the core mission of this company. We’re proud to join our partner Rumble in standing against unjust demands for political censorship regardless of who makes them.” Moraes’s gag orders demand the suspension and prohibit the creation of accounts, require Rumble to turn over account-holder information, impose daily fines, and compel potential shutdowns of Rumble. Compliance with the gag orders would directly harm TMTG—whose global online platform Truth Social is powered by Rumble servers. The text of the lawsuit is available at this link. About TMTG The mission of TMTG is to end Big Tech's s assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content. TMTG is also launching Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles. Investor Relations Contact Shannon Devine (MZ Group | Managing Director - MZ North America)Email: shannon.devine@mzgroup.us Media Contact press@tmtgcorp.com

Related News