Trump Sued Over Sale Of Faster Access To Truth Social Posts
Key Points:
- Two media groups, the Freedom of the Press Foundation and The Intercept Media, filed a federal lawsuit against Donald Trump over Truth Social's new Trump API service, which charges up to $100,000 per month for faster access to his announcements.
- The lawsuit alleges the service is corrupt, violates the First Amendment by restricting equal access to presidential announcements, and breaches the Fifth Amendment by charging unjustified fees for government information.
- Trump API is marketed to institutional customers, including high-frequency trading firms, potentially giving them an unfair advantage with market-moving information.
- The plaintiffs seek an injunction to stop exclusive government information postings on Truth Social and a declaration that the practice is unconstitutional; Trump's aides Natalie Harp and Dan Scavino are also named defendants.
- Trump Media and Technology Group, facing significant financial losses, defends the service as a free speech platform and a legitimate revenue stream, having secured over 10 customers paying substantial monthly fees.