Tiny Red HandsOpen ledger

America First Audit

About this audit and its evidence

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Reversal ledger

Oldest to latest by event date. Each stop is one dated case.

Trump Media's First Public Quarter

unresolved
Promised
Trump Media described its mission as providing a platform outside perceived Big Tech censorship and pursuing long-term growth.Open cited record · 1 source
The record
The company filed first-quarter financial statements reporting revenue, expenses, and a net loss.Open cited record · 1 source
Who gained
  • Donald Trump as controlling shareholder
Who paid
Public shareholders received the operating results after the merger converted the company into a listed issuer.Open cited record
  • Trump Media public shareholders
Audit finding
unresolved

The filing supplied the first public-company comparison between Trump Media's promotional growth claims and reported operating results; quarterly loss did not by itself determine long-term viability.

Causal strength: documented mechanism