Trump-backed fusion startup TAE faces allegations of unpaid debts

TechFlow, Dec 20 — According to foreign media reports, TAE, the fusion startup that Trump Media & Technology Group intends to merge with, has been repeatedly accused of failing to pay suppliers and vendors. In the past 16 months, at least nine suppliers have filed lawsuits alleging unpaid invoices for specialized components, recruitment fees, and rent. TAE Technologies stated that the company is conducting a comprehensive review of overdue supplier bills and will handle verified debts in an orderly and responsible manner according to financial controls and long-term operational plans. (Jinshi Data)