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Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss (www.cbsnews.com)

submitted 7 months ago by ylai@lemmy.ml to c/usa@lemmy.ml

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[–] imnotfromkaliningrad@lemmy.ml 5 points 7 months ago (1 children)

rip bozo, lmao. looks like you cant sustain a social media network around a personality cult around some wet old dude.

[–] Jax@sh.itjust.works 4 points 7 months ago (1 children)

Looked like it was enough to get him bail, though

[–] Natanael 4 points 7 months ago

Not bail specifically, it's a bond. A bail keeps you out of jail until a court judgement has been made, a bond keeps the court from taking your assets away to pay off a debt (including from a previous judgement). The bond is held by the court until appeal is over, then given to the winning party when the final judgment is in.