Former US president Trump found guilty in 'hush money' trial; DJT stock falls 9%

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Former US president Trump found guilty in 'hush money' trial; DJT stock falls 9%
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Former US president Trump found guilty in 'hush money' trial; DJT stock falls 9%

Investing.com - In a historic verdict, the jury in former President Donald Trump's"hush money" trial in New York has found him guilty on all charges. This unprecedented ruling marks the first time a former US president has been convicted of a crime.

The verdict was delivered in a Manhattan courtroom where Trump has been standing trial for the past six weeks. This conviction makes the former president, who is the presumptive Republican nominee, a convicted felon. According to the prosecution team of Manhattan District Attorney Alvin Bragg, the conspiracy extended from his 2016 campaign well into his first year in the White House.

After the ruling, Trump expressed his indignation to reporters outside the courtroom."This was a disgrace. This was a rigged trial by a conflicted judge who was corrupt," he said.

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