Ex-prosecutors warn Trump Media's Truth API could be criminal

1 min read
Source: cbsnews.com
Ex-prosecutors warn Trump Media's Truth API could be criminal
Photo: cbsnews.com
TL;DR Summary

A group of 53 former federal prosecutors filed an amicus brief arguing that Trump Media & Technology Group's Truth API, which charges Wall Street subscribers for real-time access to posts, likely violates federal securities laws and other criminal statutes, potentially implicating insider trading and public-corruption provisions; a federal lawsuit seeks to block the service with a hearing set for Oct. 7 in Manhattan.

Share this article

Reading Insights

Total Reads

0

Unique Readers

3

Time Saved

4 min

vs 4 min read

Condensed

92%

76963 words

Want the full story? Read the original article

Read on cbsnews.com