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Business

Trump sued over Truth Social's $100,000 early access service for traders

Donald Trump is facing a lawsuit over a Truth Social service that gives paying customers early access to his posts, which can move financial markets. Press freedom groups filed the suit, arguing that the service violates the First and Fifth Amendments. The platform, owned by Trump Media & Technology Group, offers a subscription for $100,000 that provides early access to Trump's posts through an API. The lawsuit claims this amounts to selling priority access to news that Trump himself generates for the benefit of a private company he controls. The groups argue the arrangement gives traders an unfair advantage and undermines the principle of equal access to information. The complaint alleges that such a scheme is unconstitutional because it allows a select few to profit from market-moving statements before the general public sees them.

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