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Politics🇺🇸3 sources· 9 hours ago

Truth Social sells millisecond access to Trump posts for traders

Why it matters: critics say paid early access to a sitting president's market-moving posts could invite insider-trading scrutiny.

Trump Media & Technology Group has launched Truth API, a paid data feed that gives institutional customers near-instant access to posts from top Truth Social accounts, including market-moving posts tied to President Donald Trump. The service is aimed at hedge funds, banks and high-frequency trading firms that profit from acting on information within milliseconds. The Financial Times has reported pricing could reach $100,000 a month, though the company has not confirmed that figure. Ethics critics and legal experts have questioned whether selling faster access to a president's statements creates conflicts of interest, since Trump's family remains the majority shareholder in the parent company.

Sources

  • BBC News (World)Tier 185% reliableRead22 hours ago
  • PBS NewsHourTier 185% reliableRead9 hours ago
  • AxiosTier 272% reliableRead23 hours ago

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