Trump Files $15B Lawsuit Against NYT Over Alleged Defamation and Election Bias

Former President Donald TRUMP has escalated his legal battle against mainstream media, filing a $15 billion lawsuit against The New York Times in a Florida federal court. The complaint alleges defamation, election interference, and deliberate damage to Trump Media & Technology Group's market performance.

The filing accuses the Times of abandoning journalistic standards to become a "full-throated mouthpiece of the Democrat Party," citing specific articles, political endorsements, and the book 'Lucky Loser' by reporters Susanne Craig and Russ Buettner. Trump claims the coordinated release of critical content caused sharp declines in his media venture's stock price and undermined confidence in his cryptocurrency initiatives.

Trump Media, the parent company of Truth Social platform, has recently made significant cryptocurrency investments. The lawsuit suggests negative coverage directly impacted these digital asset ventures, though no specific coins or exchanges are mentioned in the legal documents.