Trump Media executives sell shares after crypto business deals collapse

Several Trump Media executives sold millions of dollars of company stock on 9 and 10 August. The sales followed the company's decision to end its cryptocurrency agreements with Crypto.com.

Chief Financial Officer Juhan sold around 384,000 shares across the two days, receiving nearly $12 million in total. CFO Swider sold all of his shares, about 136,000, for $3.84 million. General Counsel Scott Glabe sold roughly 16,000 shares for around $512,000.

Trump Media said it ended the crypto deals to focus on its media business and a planned merger with TAE, a fusion energy company. The company reported a $238 million loss in the second quarter. Its stock fell 8 percent on Monday.