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Trump Media CFO offloads shares after crypto losses

Trump Media CFO offloads shares after crypto losses

Dive Brief:

  • Trump Media & Technology Group CFO Phillip Juhan was one of several executives to sell shares in the Truth Social owner shortly after the company reported earnings for its second quarter, according to a Thursday securities filing. The company, which reported earnings on Monday, suffered losses associated waning prices for cryptocurrencies. 
  • The CFO offloaded 18,817 shares, valued at about $156,670, according to the filing with the Securities and Exchange Commission. Other executives who sold stock in the business include Chief Technology Officer Vladimir Novachki and Kevin McGurn, who has served as interim CEO since April, according to company filings.
  • The sales…

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