Michael and Gerald Shvartsman, who had originally pleaded not guilty to securities fraud charges, each pleaded guilty to one count of securities fraud.
2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty
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Digital World Acquisition Corp, Frauds and Swindling, Garelick, Bruce, Initial Public Offerings, Insider Trading, Liman, Lewis Jeffrey, Mergers, Acquisitions and Divestitures, Russia, Securities and Commodities Violations, Securities and Exchange Commission, Shvartsman, Gerald, Shvartsman, Michael, Trump Media & Technology Group, Trump, Donald J, Truth Social (Social Network)