Trump Media stock tumbles as the SEC charges its auditor with 'massive fraud'

Trump Media's stock plummeted after the SEC accused its auditor, BF Borgers, of "massive fraud," leading to a significant drop in share prices. The auditor was charged with systemic failures in adhering to accounting standards, affecting numerous SEC filings. BF Borgers and its owner settled by paying substantial penalties and agreed to cease operations. Trump Media is now seeking a new auditor in response to the incident.