Trump sued over sale of access to Truth Social posts
Two US media groups are suing President Trump over his “corrupt and unconstitutional” scheme to charge for early access to his market-moving Truth Social p Read More: https://punchng.com/trump-sued-over-sale-of-access-to-truth-social-posts/
Two US media outlets, The Intercept and Freedom of the Press Foundation, have filed a lawsuit against former US President Donald Trump. The lawsuit alleges that Trump's scheme to charge subscribers for early access to his Truth Social posts is corrupt, extraordinary, and unconstitutional. The platform, operated by Trump Media and Technology Group, allows subscribers to receive posts almost immediately after they are made public, providing them with a potential financial advantage.
Market-moving announcements, such as those related to the Iran war or trade tariffs, could cause significant fluctuations in stock values. At least five trading companies are reported to have signed up for the paid service, which can cost up to $100,000 per month. Trump's legal team has dismissed concerns over the scheme, maintaining that it is legal.
The lawsuit highlights the potential for financial gain for Trump and his associates by providing subscribers with exclusive information. Democratic Senator Mark Warner has introduced a bill in the US Senate to address the alleged corruption and ensure equal access to government announcements for all Americans.
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