Trump Files $15 Billion Defamation Lawsuit Against NYT and Penguin Random House

Former President Donald TRUMP has initiated a $15 billion defamation lawsuit against The New York Times and Penguin Random House, alleging a coordinated smear campaign aimed at damaging his reputation and business interests. The lawsuit, filed in a Florida federal court, centers on a critical book titled "The Luckiest Loser" and three NYT articles, which Trump claims contain distorted facts and breach journalistic ethics.

The legal action follows years of adversarial coverage from the Times, including its endorsement of Kamala Harris during the 2024 presidential race. Trump contends the publications knowingly advanced Democratic Party interests through defamatory content. No cryptocurrency assets appear directly implicated in the case, despite passing mention of an unspecified token's 70% decline post-launch.