In a recent development, two brothers have admitted to their participation in a $22 million insider trading scheme linked to the company that brought former President Donald Trump’s social media company Trump Media & Technology Group (NASDAQ:DJT) to the public market. What Happened: Florida-based venture capitalist Michael Shvartsman, 53, and his younger brother, Gerald, 46, have pleaded guilty to a single count of securities fraud in federal court. The crime they admitted to carries a maximum sentence of 20 years in prison. The sentencing hearing for the Shvartsmans has been set for July 17 b…
