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Trump’s Billion-Dollar Standoff: How It Affects You Urgently

Crypto
Last updated: September 18, 2025 9:15 pm
Crypto
Published September 18, 2025
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Trump’s Billion-Dollar Standoff: How It Affects You Urgently

Trump Sues NYT and Penguin Random House for $15 Billion

Donald Trump has filed a $15 billion defamation lawsuit against The New York Times and Penguin Random House. He accuses them of harming his reputation and business through a smear campaign. The lawsuit targets a book titled “The Luckiest Loser” and three critical articles.

Trump claims the book and articles contain false information. He believes they were written to support the Democratic Party. The book, written by NYT journalists, criticizes Trump’s business and political career. The articles in question were published during the 2024 presidential race. They allegedly distorted facts to damage his image.

Trump announced the lawsuit on Truth Social. The trial will take place in a Florida federal court. The book, “The Luckiest Loser,” and three NYT articles are at the center of the lawsuit. The book, authored by Pulitzer-winning reporters, discusses Trump’s business and political life. The articles criticized his public image and political stance. Trump argues these publications breached journalistic ethics. He says they aimed to harm his reputation and business interests.

The lawsuit accuses the NYT of unethical journalism. He believes they pursued the interests of the Democratic Party.The book and articles allegedly harmed his reputation. The articles include topics like his business practices and political views. The lawsuit claims the publications were part of a smear campaign. He says they aimed to undermine his 2024 presidential campaign. The NYT has a history of criticizing him. They endorsed Kamala Harris in 2024. Trump’s lawsuit accuses the NYT of defamation. He says they spread false information. The NYT and Penguin Random House deny these claims. They say the lawsuit lacks merit.They claim it’s an attempt to silence free speech.

Trump’s cryptocurrency venture also faced a 70% drop after its peak. However, the lawsuit doesn’t directly link this to the crypto decline. The NYT has been critical of Trump for years. They endorsed Kamala Harris in the fall of 2024. The lawsuit focuses on damaging his reputation and business. The NYT and Penguin Random House call the lawsuit baseless. They say it’s an attack on press freedom.

  • The book and articles distorted facts.

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