A board member of Trump Media & Technology Corp (NASDAQ:DJT), the parent company of Truth Social, has been implicated in a hacking lawsuit. The lawsuit was filed in the Southern District of Florida.
What Happened: According to a report by WIRED, Eric Swider, a board member of Trump Media and ex-CEO of Digital World Acquisition Corp (DWAC), is alleged to have been part of a corporate coup aimed at removing Patrick Orlando, the original architect of the deal to take Truth Social public. The lawsuit was initiated by Benessere Investment Group, a company under Orlando’s control.
Swider, who held the position of DWAC CEO from March 2023 to March 2024, is accused of conspiring to oust Orlando. The lawsuit alleges that Swider and others unlawfully accessed Benessere and ARC II’s computer systems and files, using the stolen information to target Benessere and ARC II’s managing member, Patrick Orlando.
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The lawsuit further alleges that Swider recruited Alexander Cano, Orlando’s former personal assistant, ...