{
  "id": 690667,
  "title": "Nearly a dozen firms are already paying up to $100,000 per month for early access Trump’s Truth Social posts",
  "url": "https://urgent.news/2026/08/12/nearly-a-dozen-firms-are-already-paying-up-to-100-000-per-month-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T18:26:09.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/08/12/trump-media-truth-api-insider-trading/"
  },
  "original_language": "en",
  "account": "Donald Trump's Trump Media & Technology Group has launched Truth API, a service that provides Wall Street traders early access to new posts on Truth Social, a platform founded by President Trump. The service, which charges between $60,000 and $100,000 per month, is being used by over a dozen firms. The feature, described by some as a form of insider trading, allows customers to access posts from top users, including Trump, milliseconds before the information is made public to the general audience. Interim CEO Kevin McGurn stated the company is encouraged by the response and sees potential in expanding the product to include hyperscalers and large language model developers. The rollout comes amid a loss of $238 million for the company, highlighting the company's shift towards social media. Critics argue the service allows Trump to gain financially from his own statements, a concern reiterated by Democratic Rep. Ritchie Torres who petitioned the SEC to investigate.",
  "summary": "The release of Truth API has raised concerns about insider trading among economists and legal experts.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNBC World",
        "title": "‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows",
        "url": "https://urgent.news/2026/08/13/hormuz-remains-blocked-iran-disputes-trump-claims-as-traffic-sinks-to",
        "published": "2026-08-13T02:25:14.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}