Owner of X claims that the former president’s sentence for falsifying business records was “abuse of the law”
Owner X (former Twitter), Elon Musk, he said on your profile on the platform this Friday (May 31, 2024) be “difficult” see Donald Trump’s conviction “as anything other than abuse of the law for political ends.”
The former president of the United States was convicted on Thursday (May 30) by the New York Court for falsifying business records. He was found guilty of the 34 charges brought against him, which involve covering up a payment made to porn actress Stormy Daniels during the election campaign, which led him to the Presidency in 2016, so that she would not disclose an extramarital affair between them.
The Republican became the first president in US history to be convicted of a crime.
On the morning of this Friday (May 31), the actions of Trump Media & Technology Groupcontroller of the social network TruthSocialfell 4%.
The drop equates to a $290 million decline in Trump’s stock value. As a result, the former president was ranked 334th to 354th richest person in the world. The calculation is from the magazine Forbes.
UNDERSTAND THE CASE
The 1st criminal trial against the former president of the United States began on April 15. Trump was indicted on March 30, 2023 by Manhattan District Attorney Alvin Bragg. The document contains 34 accusations against Trump for “falsification of business records in the 1st degree”. Read the complete (PDF – 121 kB).
The Republican was accused of manipulating internal records from his company, the Trump Organization, to cover up payments made to his lawyer, Michael Cohen, who acted to conceal an alleged extramarital affair between the former president and porn actress Stormy Daniels. .
Cohen made a $130,000 payment to Daniels in October 2016. Later, while heading the White House, Trump reimbursed Cohen in a series of installment payments processed through his own company. This maneuver would aim to avoid a possible sex scandal in the final weeks of his presidential campaign.
During the trial, Cohen stated that the Republican approved the payment to the porn actress. He also admitted to stealing from the Trump Organization because he was unhappy about losing the company’s annual bonus after he sent the $130,000 to Daniels. The lawyer said he diverted $30,000 from the Trump Organization out of a $50,000 payment that was supposed to be made to a technology company.
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