But the deal appears to be seriously in jeopardy, with the SEC, FINRA, and the investigating DWAC.

Source: https://abovethelaw.com/2023/05/devin-nunes-steers-trump-media-company-into-dumpster-fire-defamation-suits/

So, in the FINRA example from the intro, the $6,500 difference between what you paid for the zero-coupon bond ($3,500) and what was received at maturity ($10,000) is taxable in 20 prorated annual amounts of $325.

Source: https://investorplace.com/2023/08/supercharge-your-ira-3-reasons-why-treasury-strips-could-be-your-next-smart-move/

Their actions eventually led to her filing a claim of elder fraud with FINRA.

Source: https://www.forbes.com/sites/carolynrosenblatt/2023/09/13/why-you-need-to-watch-your-stockbroker-like-a-hawk/