Court Battle Over Trump’s Paid Truth API Sparks Constitutional Debate

1 min read
Source: The Daily Beast
Court Battle Over Trump’s Paid Truth API Sparks Constitutional Debate
Photo: The Daily Beast
TL;DR Summary

Trump Media & Technology Group’s paid Truth API, which gives financial firms early access to Trump’s Truth Social posts for up to $100,000 a month, is facing a Manhattan federal lawsuit arguing it breaches the First and Fifth Amendments by prioritizing private access to presidential information. The suit, led by the Freedom of the Press Foundation and The Intercept, claims the scheme could enable market manipulation and insider trading, and calls for the service to be halted and for exclusive posting rights to be barred, as Wall Street executives distance themselves from the venture and scrutiny of Trump’s stake grows.

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