Trump’s company is failing. This is his shady plan to give it a lifeline
Trump Media & Technology Group is offering high-paying investors early access to Donald Trump's social media posts via an API, potentially allowing them to profit from market-moving information. The article criticizes this as a 'shady' monetization strategy during his second term.
Why it matters
The intersection of political influence, social media, and algorithmic trading raises significant ethical and regulatory questions regarding market fairness.
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Share A A A The Trump family has shown a remarkable ability to monetise Donald Trump’s second term in the White House. Their latest effort is turning his social media posts into a financial asset.
Last week, the Trump Media & Technology Group announced a plan to charge investors $US100,000 ($143,000) a month for instant access to Trump’s posts on his Truth Social platform. Some investors have reportedly already signed up.
During the war in the Middle East, Trump’s posts have significantly moved markets. Bloomberg Trump Media has launched a real-time data feed via APIs (application programming interfaces) that would give subscribers earlier access to Trump’s posts than non-subscribers.
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