Trump Files $15B Lawsuit Against NY Times Over Alleged Defamation of Crypto Project

Former US President Donald TRUMP has initiated a $15 billion lawsuit against The New York Times, alleging deliberate damage to his reputation and the TRUMP memecoin project. The legal action, filed in Florida, accuses the publication of sustained partisan bias and defamatory reporting.

Trump's Truth Social statement frames the lawsuit as a definitive response to what he characterizes as systemic media attacks. The complaint specifically targets Times journalists Susanne Craig, Russ Buettner, Peter Baker, and Michael S. Schmidt, along with Penguin Random House for publishing a related book.

The New York Times dismissed the litigation as legally baseless, asserting it represents an effort to intimidate independent journalism. This confrontation escalates longstanding tensions between Trump and mainstream media, now intersecting with cryptocurrency markets through the TRUMP memecoin reference.