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Billionaire Bill Ackman Compares Biden to ‘Hostage’ in Conspiracy Rant

Mike Blake/REUTERS

Hours after President Joe Biden announced he will forgo seeking a second term on Sunday, billionaire Bill Ackman began pushing and amplifying conspiracy theories that speculated on the president's involvement in the decision to withdraw from the race.

Ackman, the Pershing Square Capital Management CEO who recently endorsed former President Donald Trump, posted claims and reposted several from other users on X that questioned the legitimacy of Biden’s signature on a letter the president posted online Sunday to announce his decision.

Several of the posts claimed there was no proof Biden signed the letter himself, and a few looked for differences in Biden's signature on Sunday’s letter compared with his John Hancock that has adorned other documents in recent months.

Read more at The Daily Beast.

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