
Two US media groups, The Intercept and the Freedom of the Press Foundation, have sued President Donald Trump over his company's plan to charge for early access to his Truth Social posts.…
Two US media groups, The Intercept and the Freedom of the Press Foundation, have sued President Donald Trump over his company's plan to charge for early access to his Truth Social posts. The lawsuit, filed in a New York court, calls the scheme 'extraordinary, corrupt and unconstitutional.'
Trump Media and Technology Group's Truth API service offers subscribers near-instant access to the president's market-moving posts, seconds before the general public. The cost can reach up to $100,000 per month, and the service already has over 10 subscribers. The complaint argues Trump stands to profit personally by giving paid users an unfair advantage on government information that can swing markets.
The narrative that this is just another partisan attack misses the real issue: whether a president can personally profit from the timing of official announcements. Trump often uses Truth Social to reveal policy moves that affect stocks and markets, so selling early access looks like insider trading by another name. The test will be whether the court focuses on the constitutional conflict of interest rather than getting lost in political mudslinging from either side.
Sources (2): livemint.com, ndtv.com
This story was synthesised by AI from the 2 sources linked above.