Trump Media & Technology faces a legal challenge over Truth Social’s API and the sale of early access to Trump posts, as it continues to push social media platforms for Trump-aligned communication.
Trump Media & Technology has unveiled Truth API, a paid low‑latency feed that will deliver real‑time posts from the platform’s top 10 accounts from Aug. 1. Executives discussed charging institutional customers up to $100,000 a month (or $60,000 on three‑year deals). Lawmakers, regulators and market participants have warned it will let traders profit from presidential posts and raise conflict‑of‑interest and market‑manipulation concerns.
The Trump Truth Social service will provide early access to posts for Wall Street traders, raising questions about insider trading, market-moving information, and the fairness of rapid data feeds.
The Intercept and Freedom of the Press Foundation have filed a federal lawsuit arguing that Trump’s company has been selling faster access to his official posts through a new Truth API, and that the exclusive, paid early access violates the First and Fifth Amendments and improperly monetises presidential announcements.