Overview

• Trump Media & Technology Group's stock experiences significant fluctuations, with accusations of market manipulation centered on illegal 'naked' short selling.
• Devin Nunes, CEO of Truth Social's parent company, claims that four market participants are largely responsible for the high trading volume of DJT shares.
• Citadel Securities and other firms named in the complaint deny wrongdoing, with Citadel issuing a harsh rebuke of Nunes's accusations.
• The controversy has sparked a public feud between Nunes and Citadel, with both parties exchanging strong statements through the media.
• Despite recent volatility, DJT stock saw an increase after the complaint was filed, though it remains down significantly from its peak.