A new federal lawsuit targeting Truth Social's subscription service centers on the newly launched Truth API product launched by Trump Media & Technology Group (DJT), which sells high-frequency trading firms and institutional investors accelerated access to President Trump's posts for $60,000 to $100,000 per month.
The legal challenge – filed by The Intercept Media and the Freedom of the Press Association in the U.S. District Court in Manhattan – characterizes this arrangement as “extraordinary, corrupt, and unconstitutional,” because it effectively monetizes presidential communications that routinely move financial markets through a company in which the president holds approximately 41% ownership via a revocable trust.
