Truth Social sparks corruption c
Truth Social has launched a $100,000-a-month API service that provides subscribers with early access to market-moving posts from the platform. Critics argue this service allows Donald Trump to leverage his influence for personal financial gain by providing an information advantage to high-frequency traders.
Why it matters
The service raises significant ethical and regulatory questions regarding the intersection of political power, social media influence, and fair access to financial market data.
U.S. President Donald Trump again used his Truth Social account overnight Saturday to announce that a large-scale attack on Iran had been canceled. Trump has repeatedly used posts on the social network he owns to announce canceled strikes, threats against Iran and other major diplomatic and economic decisions. Investors closely monitor his account because his statements can trigger sharp market movements and generate significant profits. Now Trump himself may also profit from those posts. Trump Media & Technology Group, the company that operates Truth Social, launched a new service Saturday aimed at investors and Wall Street firms. For $100,000 a month, it promises the “fastest access” to market-moving posts on the platform. The service, called Truth API, will provide subscribing businesses with real-time alerts about posts considered capable of moving financial markets.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in