Trump Launches $100,000-a-Month Feed Offering Early Access to Market-Moving Truth Social Posts
- On Saturday, Truth Social launched the Truth API service, offering Wall Street traders direct access to President Donald Trump's posts for $100,000 monthly through an application programming interface.
- With shares down 75% since Trump took office, Trump Media seeks to boost its $3.7 million annual revenue, as the White House increasingly relies on the platform for official announcements.
- Able Alpha Trading head Irene Aldridge warned the service raises insider trading risks, stating, "The loser is always the retail investor." Roughly 100 high-frequency trading firms could utilize the feed.
- The White House declined to comment, referring questions to Trump Media, while Massachusetts Senator Elizabeth Warren vowed on Friday that Democrats would investigate the matter.
- Lobbyist Craig Holman of Public Citizen predicted Trump will rely more heavily on Truth Social for policy announcements if financial losses persist, inviting scrutiny should Democrats regain control of Congress.
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What smart people are saying about Trump Media charging for early access to the president's Truth Social posts
Trump Media & Technology Group launched Truth API on Saturday.Aaron Schwartz / AFPTrump Media launched Truth API on Saturday.Truth API sells early access to posts from prominent Truth Social users like President Donald Trump.Reuters reported that Trump Media considered selling that access for $100,000 a month.There's a new way to make and lose money.Trump Media has officially launched the Truth API, a business-to-business data feed that provides…
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Cryptocurrency News | Cryptocurrency Prices | Market CapTrump Media launches Truth API amid SEC scrutiny
Trump Media’s Truth API gives institutions millisecond access to influential posts as lawmakers urge the SEC to examine market fairness.
Trump sells VIP access to Truth Social posts for $100k. in what some view as insider trading
Trump could benefit significantly from Trump Media and Technology Group's new venture, which will charge subscribers $100,000 to see his posts before other Truth Social users.
The service of early access to the messages of the president of the United States, Donald Trump, on his platform Truth Social, has been put into operation this past Saturday at an initial fee of $100,000 a month and in the midst of petitions from Democratic senators to the SEC to investigate whether the president would be involved in a crime of abuse of privileged information.The new service that Trump has launched through his company Trump Medi…
Trump Stands to Profit off US Policy Announcements by Selling Fast Access to His Social Media Posts
NEW YORK (AP) — President Donald Trump knows the world hangs on his every word. Now he wants you to pay for it. The social media posts of the world’s most powerful man are going on sale Saturday when his Truth Social business begins offering sneak peeks of them to Wall Street traders willing to […]
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