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International Business Times UK
International Business Times UK
World
Jim Manzon

Trump Truth Social Lawsuit Says Wall Street Traders Pay $100K a Month To See His Posts Before You Do

Trump Media launched the Truth API feed on 1 August and says more than 10 firms have signed up, mostly high-frequency traders (Credit: Truth Social, Wikimedia Commons)

Wall Street trading firms are paying up to $100,000 (£74,000) a month to read President Donald Trump's market-moving Truth Social posts milliseconds before ordinary investors, a service now facing a federal lawsuit that calls it 'profoundly corrupt'.

The setup works like a rigged clock. When Trump posts on tariffs, war, or economic policy, paying firms see it first and can trade on it while the rest of the market catches up.

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