A China-based financier, once reprimanded by U.S. regulators and barred from taking his company public, played a bigger role than is publicly known in the shell company that agreed to merge with former President Donald Trump’s new social media venture, Reuters reports.
Trump’s social media SPAC partner, Digital World Acquisition, took advice from a group of China-based businessmen who in the past tried their hand at businesses ranging from Spanish wine to Korean women’s fashion, and at one point had their “integrity” questioned by U.S. regulators. Read more.
