Trump sued over "brazen" scheme to sell Truth Social API access for $100K a month

Key Points:

• Nonprofit news groups The Intercept and the Freedom of the Press Foundation sued President Trump over Truth Social’s “Truth API,” which charges up to $100,000 monthly for early access to posts, including official government announcements.
• The lawsuit alleges that Trump is profiting from selling preferential access to government information, violating the First and Fifth Amendments by restricting equal access to public announcements.
• Truth Social plans to restrict web scraping and make its API the exclusive method to access archived or deleted posts, further limiting public and journalistic access to official information.
• Trump Media & Technology Group reported a $238.1 million net loss in Q2 but expects Truth API to generate significant revenue, targeting high-frequency trading firms and planning to expand to other customers.
• The lawsuit seeks an injunction to prohibit exclusive posting of official government information on Truth Social while charging for fast access, arguing that Trump is unlawfully privatizing government information.