A federal judge has struck down former 2 Donald Trump’s $15 billion lawsuit against The New York Times, a case that accused the paper of defamation and election 3 ruling, delivered by Judge Steven 4 of the Middle District of Florida, criticized the filing as improper under Rule 8 of the Federal Rules of Civil Procedure, citing its length, tone, and political 5 complaint stretched across 85 pages, with defamation counts not appearing until page 6 judge has tossed out President Trump's $15 billion lawsuit against the New York Times, writing, quote, "…the complaint is decidedly improper and impermissible." The president has 28 days to amend and 7 ruling is quite a read: 0 h/t… — Jonathan Karl (@jonkarl) September 19, 2025 The judge noted that it contained extended praise of Trump’s business career, his television show The Apprentice, and attacks on what it called “legacy media,” material that the court deemed excessive and 8 Rejects Trump’s $TRUMP Coin 480-Page Lawsuit, Orders Slimmed-Down Refiling In striking the case, the court left Trump’s legal team 28 days to amend and submit a shorter version not exceeding 40 pages.
Trump’s suit, filed on September 16, accused the Times and several of its reporters , including Susanne Craig and Russ Buettner, of publishing defamatory articles and a book that allegedly damaged his reputation and cost billions in brand 9 complaint also named Penguin Random House, which published Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of 10 Trump sues The New York Times for defamation and reputational harm tied to the $TRUMP meme coin. #Trump #Nytimes 1 — 11 (@cryptonews) September 16, 2025 Trump alleged that the Times acted as a “mouthpiece of the Democrat Party” and engaged in “persistent election interference,” pointing to its endorsement of Kamala Harris during the 2024 presidential 12 a statement on Truth Social, he framed the case as a defense against decades of “false, malicious, and defamatory” 13 New York Times dismissed the claims as meritless.
A spokesperson said the lawsuit sought to stifle independent reporting and reaffirmed the paper’s commitment to defending First Amendment 14 the legal battle plays out, markets reacted 15 rejection of the lawsuit and the potential refiling sent shockwaves into the world of digital assets, particularly the Trump-linked $TRUMP 16 the court order, the token saw sharp sell pressure, with traders citing legal uncertainty and renewed volatility in assets tied to Trump’s political 17 the crypto sector, the case carries implications that extend beyond the immediate price 18 observers noted three potential areas of impact: Crypto firms may highlight the ruling as a reminder of the risks tied to political tokens and personalities, using it to advocate for stronger investor 19 listing such tokens may introduce stricter risk disclosures, positioning themselves as responsible actors in a market sensitive to political developments.
Media-driven volatility could provide new opportunities for platforms offering derivatives and hedging products, as traders seek to manage sudden swings triggered by political 20 court’s order reflects Trump’s broader strategy of targeting media outlets with 21 this year, he pursued cases against The Wall Street Journal and ABC News anchor George Stephanopoulos, with settlements reportedly topping $15 22 ongoing battles with national news organizations highlight the intersection of politics, media, and markets in the run-up to the next election 23 the lawsuit, the price of Official Trump (TRUMP) has continued to slide, trading at $8.43 after a 3.1% drop in the past 24 hours and a 4.4% decline over the past 24 Token Tests Key Support Amid Prolonged Decline The token remains 88.5% below its all-time high of $73.43.
On the TRUMP/USDT 4-hour chart, the asset has been locked in a prolonged downtrend since mid-July, with a descending trendline repeatedly capping attempts at 25 price action shows TRUMP testing resistance near $8.80–$9.00, a zone that coincides with the trendline. A confirmed close above $9.00 would signal a breakout, potentially opening a path toward $9.50–$10.20.
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