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Insider Trading Concerns

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Truth API: Trump Media's fast feeds spark market-trading debate
business21 days ago

Truth API: Trump Media's fast feeds spark market-trading debate

Trump Media launched Truth API to give institutional and high-frequency traders near-instant access to posts from top Truth Social accounts, potentially charging up to $100,000 a month. The service aims to monetize fast social data, but it raises legal and ethical questions about insider information, while the SEC has been urged to review the matter and Trump Media defends that information may be public. The controversy also centers on the president's family stake in the company and whether public statements could be exploited for profit.