Nigel Farage and Chairman of Strategas, Jason Desena Trennert, have praised former US President Donald Trump, after stocks of his social media platform Truth Social have rocketed in value, amid his ongoing legal challenges.

As Nigel said Trump "will be celebrating" his latest victory in the run up to the US election, as Trennert said the stock now is "currently worth $10billion".

He explained: "President Trump's stake is worth about 60 per cent of that, so about $6billion, that makes his net worth about $9billion. To put it into perspective, The New York Times is worth about $7billion. So if he could use the stock as currency, President Trump could buy the New York Times, which would be quite an irony."