$3 Billion Defamation Lawsuit: Trump's Media Company Confronts Washington Post -World-Wire

Former President Donald Trump’s social media company is seeking $3.78 billion in damages in a defamation lawsuit against The Washington Post for publishing “an egregious hit piece” earlier this month that accused the company of securities fraud and other wrongdoings.

Trump Media and Technology Group (TMTG), the owner of Truth Social, filed the lawsuit on Saturday in a Sarasota County, Florida, state court house, which accuses The Post’s article of causing an “enormous” loss that created an “existential threat” to the social media platform.

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