SF Files Suit Over Truth Social’s Pay-to-Priority Posts

San Francisco filed a state-court complaint seeking to block Truth Social from offering high-priced subscribers early access to posts by the president and other officials, arguing the paid “Truth API” creates market-moving, unfair advantages and could amount to insider trading under California law; the city seeks an injunction and penalties, noting past posts that allegedly moved stocks and pre-release employment data, with a related federal case on Truth API continuing.