Trump’s Truth Social Feed Costs Wall Street $100,000 a Month. Now a Lawsuit Could Undercut It
The Intercept and Freedom of the Press Foundation say paying subscribers should not get faster access to official government announcements.
President Donald Trump is currently facing a lawsuit over a service called Truth API offered by his social media platform, Truth Social. The lawsuit, filed in Manhattan federal court, claims that the service is "profoundly corrupt" and unconstitutional. The lawsuit, brought by The Intercept Media nonprofit news organization and the Freedom of the Press Foundation, alleges that the sale of early access to Trump's posts is illegal and violates the First and Fifth Amendments.
The Trump Media's interim CEO, Kevin McGurn, stated that the company has already signed over 10 customers who are willing to pay up to $100,000 per month for this service. The lawsuit argues that Trump stands to gain financially from providing "market-moving" government information to those who can afford to pay for the early access.
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