Fox: Truth Social Has Stiffed Hosting Service For $1.6M

Fox Business reports:

Former President Donald Trump’s social media outfit, Truth Social, is locked in a bitter battle with one of its vendors claiming that the platform is stiffing the company out of more than $1 million in contractually obligated payments, FOX Business has learned.

If the allegations are true, they would suggest that Truth Social’s finances are in significant disarray, people with direct knowledge of the matter say. Internet infrastructure company RightForge is said to be among Truth Social’s largest vendors and creditors, these people say.

In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots.

Read the full article.

SCOOP: Trump’s Truth Social facing significant financial difficulties, vendors say. Its web hosting company says it is owed $1.6 million and hasn’t been paid for months: https://t.co/kOJI9B0wTd

— Charles Gasparino (@CGasparino) August 25, 2022

? Truth Social has not made any of its monthly payments to its hosting company since March, wracking up $1.6 million in debts.

Conservative hosting company RightForge is preparing to take legal action. Here’s to Truth Social going down and taking Trump and Devin Nunes with.

— Outspoken™️ (@Out5p0ken) August 26, 2022