Trump Media's new paid data API launches, for "a direct, licensed, real-time feed of the platform's most market-moving Truths"; Dem. senators asked SEC to probe (CJ Haddad/CNBC)

Trump Media and Technology Group has launched a new paid data API, providing a direct, licensed, real-time feed of the platform's most market-moving Truths, starting August 1. According to CNBC, Democratic senators have asked the SEC to investigate.

The company, behind Truth Social, has also been involved in selling its Bitcoin holdings. Cointelegraph reports that Trump Media transferred 2,628 Bitcoin to Crypto.com, bringing its total reported sales over seven months to 7,281 BTC, worth around $545 million. The company now holds 4,261 BTC, valued at $269.8 million.

Separately, Capital One Financial has responded to a lawsuit from the Trump Organization over the closure of its bank accounts. CNBC and CNBC World report that Capital One closed over 300 Trump-affiliated accounts in March 2021 due to anti-money laundering concerns, following a review by its AML team. The bank is seeking to dismiss the lawsuit, which alleges the accounts were closed due to "woke" beliefs and a desire to benefit from the political mood after the January 6, 2021 riot.

Brief written by urgent.news from Techmeme, Cointelegraph, CNBC, CNBC World — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.