Senator Elizabeth Warren requested Thursday that the Securities and Exchange Commission investigate an alleged wrongful act. planned SPAC deaFormer President Donald TrumpThe planned social media platform.

Warren, a Massachusetts Democrat, in a letter to SEC Chairman Gary GenslerRecent news stories have indicated that Digital World Acquisition Corp.Trump’s company announced last month that it would merge with. [SEC) filing and other public statements.”

Warren also wrote, “The reports about DWAC and Trump Media and Technology Group7 appear to be a textbook example of a SPAC misleading shareholders and the public about materially important
information.”

Her letter cited an Oct. 29 article in The New York Times, which carried the headline, “Trump’s $300 Million SPAC Deal May Have Skirted Securities Laws.”

The SEC did not immediately respond to CNBC’s request for comment.

Special purpose acquisition companies such as DWAC are created to raise capital in public equity markets with the goal of purchasing or merging with private firms.

Trump Media & Technology Group last month said it had entered into a merger agreement with DWAC that would end with Trump’s company becoming a publicly listed company, subject to regulatory and stockholder approval.”

Trump at the same time said he would roll out a platform called “TRUTH Social,” which he claimed will “stand up to the tyranny of Big Tech.”

The Republican ex-president was banned by social media giants Twitter and Facebook earlier this year after accusations he incited the Jan. 6 Capitol riot by his supporters.

– Additional reporting by CNBC’s Thomas Franck

This is breaking news. Please check back for updates.