Trump social media firm co-founder accused of gambling $29m of company cash on slots

The Independent
X Strategies sues co-founder Derek Utley for allegedly embezzling millions and gambling company funds on slot machines.

Summary

X Strategies, a digital firm managing prominent Trump social media accounts including Team Trump and the Trump War Room, is suing co-founder Derek Utley for allegedly embezzling at least $5 million from the company. The lawsuit claims Utley spent $3 million of the stolen funds on slot machines at a single casino in 2025 and used the remainder to fund a lavish lifestyle. Utley, who resigned from his executive roles in April before being fired, disputed the allegations and stated he would address them legally. The suit also names Utley's ex-girlfriend Anna Weisheimer as a co-defendant for allegedly helping launder funds, though she strongly denied any wrongdoing.

(Source:The Independent)

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