
Lawsuit Seeks to Shut Down Trump Media's Truth API
The Intercept and Freedom of the Press Foundation sued in New York to halt Truth API, a subscription service selling early access to Trump's social posts to trading firms for up to $100,000 monthly.

The Intercept and Freedom of the Press Foundation sued in New York to halt Truth API, a subscription service selling early access to Trump's social posts to trading firms for up to $100,000 monthly.

Nonprofit news groups sued President Trump over Truth Social's Truth API, which charges up to $100,000 monthly for real-time access to official government posts, alleging constitutional violations and illegal profit from government information.

Trump Media & Technology Group reported a net loss exceeding $238 million in Q2, primarily driven by declines in digital assets, alongside $1.7 million in revenue largely from Truth Social ad services.

Trump Media & Technology Group has launched Truth API, a paid service providing high-speed access to Truth Social posts, drawing legal scrutiny and insider trading concerns.

A Truth Social, rede social de Donald Trump, lançou o Truth API, permitindo que investidores institucionais acessem suas publicações em tempo real, gerando debates sobre a vantagem de tempo e igualdade de acesso a informações financeiras.