Wilkerson’s whistleblowing case has gained little of the attention the other legal challenges facing the Republicans’ presumptive presidential nominee have gotten, including the criminal charges Trump faces related to hush money payments to the adult-film actress Stormy Daniels.
But his testimony and trove of records have challenged the main engine of Trump’s post-presidential business ambitions, a venture that once commanded multibillion-dollar valuations with lofty promises to overtake the titans of American tech.
The company’s attempt to merge with a financial outfit known as a special purpose acquisition company, or SPAC, has been frozen for months due to a pending SEC investigation that predates Wilkerson’s public comments and has blocked the company’s ability to unlock a critical source of cash.
(Should be free to read)
