Donald Trump is facing a lawsuit over a new Truth Social service that charges subscribers up to $100,000 per month for early access to his posts. The suit was filed in New York federal court by The Intercept and the Freedom of the Press Foundation.
The plaintiffs argue that providing priority access to Trump's messages raises significant concerns, describing the practice as "extraordinary, corrupt and unconstitutional." They contend that the system grants an unfair advantage to those who can afford it, allowing market-sensitive information to reach paying clients before the general public.
Truth Social owner, the Trump Media & Technology Group (TMTG), unveiled the service, known as Truth API, in mid-July. The company stated that the product is designed for businesses seeking faster data feeds and has dismissed previous concerns about its usage. The service reportedly delivers posts from Trump and other high-profile accounts in milliseconds.
Trump is the most followed individual on the platform, with approximately 13 million followers. His eldest son, Donald Trump Jr., follows with around 7.5 million followers. The lawsuit highlights that moments after Trump's posts can be crucial, particularly when he uses the platform to announce significant developments that may influence financial markets.