politics
Trump sued for API access to market-shaking Truth Social posts
Two media groups on Wednesday sued to block President Donald Trump’s social media company from offering high-paying clientele real-time access to posts on the platform, alleging the subscription plan is unconstitutional.
TL;DR
- The Intercept and Freedom of the Press Foundation are suing Trump Media & Technology Group's Truth Social.
- The lawsuit challenges Truth Social's Truth API subscription plan, which offers real-time post access for up to $100,000 per month.
- Plaintiffs allege the plan is unconstitutional, violating the First and Fifth Amendments.
- They argue the service unfairly directs market-sensitive information to paying clients first.
- APIs are crucial for traders relying on real-time data for financial and economic decisions.