Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

Gambling Addiction stories

Sep 22, 2026

Firm managing Trump social media accounts sues co-founder alleging $5 million embezzlement

A company that operates some of President Donald Trump's social media accounts has filed a lawsuit against its co-founder, alleging he embezzled at least $5 million, including approximately $3 million reportedly spent on slot machine gambling. The accused co-founder, identified as Utley, has disputed the allegations and stated he will address them through the legal process.

Sep 22, 2026·2 sources
00

Top claims

  • ▪The X Strategies lawsuit alleges Derek Utley spent 200 days in 2025 gambling $29 million of company funds on slot machines at the Seminole Hard Rock Hotel and Casino in South Florida, resulting in a $3 million net loss.
  • ▪X Strategies maintains the Trump War Room and Team Trump accounts on X, and assists in managing Donald Trump's presence on TikTok.
  • ▪A third party alerted X Strategies that Derek Utley had called from a Las Vegas casino while highly intoxicated, pleading for an urgent wire transfer to cover payroll.

People involved

Donald Trump

Subtopics

Trump administration1

Related timelines

AI Data Center Gold Rush

101 stories

Congress

108 stories

Crypto hacks

100 stories

Ebola outbreak

58 stories

Iran War

209 stories