Trump Media & Technology Group Corp. (DJT), the company behind Truth Social, has landed in hot water, and this time, the controversy is about who gets to see President Donald Trump's posts first. The company recently launched a service called Truth API, which gives paying customers, including financial firms, faster access to posts from high-profile Truth Social accounts such as President Donald Trump's. The service reportedly costs as much as $100,000 a month, and more than 10 customers have already signed up.
At first glance, it might sound like just another data subscription service. But there is a catch. Trump's posts can move global markets, particularly when he comments on tariffs, trade, geopolitical issues, government policy or other economic issues. And the recent lawsuit, filed by The Intercept and the Freedom of the Press Foundation, argues that selling faster access to Trump's posts could give wealthy investors and trading firms an unfair advantage over everyone else.
