(C) Daily Kos This story was originally published by Daily Kos and is unaltered. . . . . . . . . . . Previous Guy's "woke mind virus" as Signature Bank $BNY fails and implicates Trumps [1] ['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.', 'Backgroundurl Avatar_Large', 'Nickname', 'Joined', 'Created_At', 'Story Count', 'N_Stories', 'Comment Count', 'N_Comments', 'Popular Tags'] Date: 2023-03-16 Just as the Indictments may arrive: Trump Media, which owns the social media platform Truth Social, is under federal investigation to determine whether it violated money laundering laws in connection with two loans totaling $8 million from shady Russian sources. Darn Trumps were using “Woke Banks”. Trump’s Truth Social reportedly kept afloat by $8 million of illicitly laundered Russian money with connections to Putin. Brings new meaning to Pravda. https://t.co/jatjKjSunI But money laundering prosecutions are typically based on circumstantial evidence and can be based on materials that show that the money in question was unlikely to have legitimate origins, legal experts said. The first $2m payment to Trump Media came in December 2021 when the company was on the brink of collapse after the planned merger with DWAC – that would have unlocked millions for the company – was delayed when the SEC opened an inquiry into whether the arrangement broke regulatory rules. Trump Media needed a bridge loan to keep the company afloat. But it struggled to get financing until DWAC’s chief executive Patrick Orlando sourced a $2m loan wired from Paxum Bank registered in Dominica, according to the wire transfer receipt reviewed by the Guardian. New Republic newrepublic.com/... The wire transfer identified Paxum Bank as the beneficial owner, although the promissory note identified an entity called ES Family Trust as the lender. Two months later, an unexpected second $6m payment arrived in Trump Media’s account from ES Family Trust, the transfer receipt showed. In both instances, Orlando declined to provide details about the true identity of the lenders or the origin of the money to Trump Media executives, Trump Media’s since-ousted co-founder turned whistleblower Will Wilkerson recounted in an interview. Though the two payments to Trump Media ostensibly came from two separate entities – first Paxum Bank and second ES Family Trust – the trustee of ES Family Trust, a person called Angel Pacheco, appears to have simultaneously been a director of Paxum Bank. The Russian connection, as being examined by prosecutors in the US attorney’s office for the southern district of New York, centers on a part-owner of Paxum Bank – an individual named Anton Postolnikov, who appears to be a relation of Putin ally Aleksandr Smirnov. Smirnov, who heads the Russia-controlled maritime company Rosmorport, worked in the Central Office of the Russian government until 2017. Before that, Smirnov was the first deputy minister of justice of Russia until 2014, and for most of Putin’s first two terms as president, Smirnov served in the executive office of the president. www.theguardian.com/... [END] --- [1] Url: https://www.dailykos.com/stories/2023/3/16/2158522/--the-woke-mind-virus-as-death-comes-in-threes-as-Signature-Bank-BNY-fails-and-implicates-Trumps Published and (C) by Daily Kos Content appears here under this condition or license: Site content may be used for any purpose without permission unless otherwise specified. via Magical.Fish Gopher News Feeds: gopher://magical.fish/1/feeds/news/dailykos/