A federal judge in Miami has allowed President Donald Trump to amend his defamation suit against the BBC, which seeks $10 billion in damages. The move drops one major claim, but it does not end the fight over Trump's financial records.
Trump filed the lawsuit in December, claiming the BBC altered a speech he delivered to supporters just before the January 6, 2021 Capitol attack. The edit joined different parts of the speech together, making it appear Trump was explicitly calling for violence. The BBC apologized before the lawsuit but denies defaming him.
The original complaint said the clip, which was not broadcast in the US, caused massive harm to his brand, future earnings, and reputation as president. Altman added that, because the revised complaint still seeks the same multibillion-dollar award, Trump could still face some demands for financial records.
Get the free Always Be Buying eBook and learn the simple system for building wealth on any income
The BBC had issued subpoenas to the Trump Organization seeking financial records covering the time before and after the documentary aired.
In July, a magistrate judge upheld those subpoenas even after Trump's lawyer said he planned to amend the case to focus only on reputational damage. The BBC opposed the amendment, calling it an attempt to avoid complying with the subpoena order and noting Trump could have filed the changes months earlier.
Altman said federal rules made the amendment decision depend on the merits of the case, not on whether Trump would avoid financial disclosure.
There is an odd twist in this story. Trump won the 2024 presidential election not long after the documentary aired, and his wealth has since grown. Last year alone he earned more than $1 billion from crypto and memecoin-related businesses.
That timing matters because it undermines the original argument that the clip wrecked his earning power. A brand that loses billions usually does not follow up with a billion-dollar year.
Trump is suing in his personal capacity with private lawyers. His legal team and a BBC representative did not immediately comment on the ruling. The case is Trump v. British Broadcasting Corporation, 25-cv-25894, in US District Court, Southern District of Florida.
For investors, this is a reminder that defamation cases are messy, expensive, and slow. The financial records question will probably drag on for months, and the final outcome is far from clear. What started as a dispute over a 12-second clip has turned into a legal battle that could shape how much private financial information a public figure has to reveal when they sue for damages.
Download the free Always Be Buying eBook and start putting your money to work today
