The Intercept and the Freedom of the Press Foundation went to court in New York on Wednesday to shut down Truth API, a subscription launched this month by Trump Media and Technology Group, the Nasdaq-listed company behind Truth Social.
The subscription provides privileged access to US President Donald Trump's social media posts straight to trading firms, sending them fractions of a second before they appear on the public timeline, which is enough time for high-frequency algorithms to execute thousands of orders before others process the information.
