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

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.
- Ex-federal prosecutors say Trump media company's scheme to sell early access to Truth Social posts is likely criminal cbsnews.com
- Proposed Amicus Brief in Support of Plaintiffs' Motion for Preliminary Injunction Campaign Legal Center
- Truth Social’s Paid Subscription Service Challenged in Lawsuit Bloomberg Law News
- Trump Faces Corruption Lawsuit Over $100,000 Monthly Truth Social Early-Access Subscriptions - Segment Revenue Breakdown dars.gov.et
- Trump Media Launches Paid Early Access Feed for Social Posts Targeting Wall Street Traders - Consensus Forecast Report careplusvn.com
Reading Insights
Total Reads
0
Unique Readers
3
Time Saved
4 min
vs 4 min read
Condensed
92%
769 → 63 words
Want the full story? Read the original article
Read on cbsnews.com