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  • Writer's pictureBy The Financial District

Russian Banker With Deep Kremlin Ties Lent $8-M To Truth Social

Anton Postolnikov, a 40-year-old Russian banker with reported ties to the Kremlin, has emerged as a significant backer of Truth Social, the social media platform launched by Trump Media and Technology Group.


In addition to his involvement with Truth Social, Postolnikov has also donated $30,000 to Florida Governor Ron DeSantis in 2021. I Photo: Anton Postolnikov



Postolnikov reportedly lent $8 million to Truth Social to support its operations.


According to a report from Alex Henderson for AlterNet, Postolnikov has connections to the Kremlin and has been involved in ventures related to the sale of questionable male enhancement supplements.



These supplements, including the flagship product Vimax, have drawn warnings from health regulators due to potential health risks associated with hidden ingredients.


In addition to his involvement with Truth Social, Postolnikov has also donated $30,000 to Florida Governor Ron DeSantis in 2021. Reports indicate that websites associated with Postolnikov were involved in selling these supplements, raising questions about his background and motivations.



The revelations about Postolnikov's involvement with Truth Social and his past business ventures have drawn scrutiny, particularly given the platform's association with former President Donald Trump.


It remains to be seen how this revelation will impact Truth Social's operations and public perception moving forward.




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