Donald Trump is sued for putting a $100,000 paywall on his Truth Social posts
The Intercept and the Freedom of the Press Foundation have sued President Donald Trump over a Trump Media service that sells paid early access to his Truth Social posts, arguing that a sitting president should not be allowed to put a price on his own official words.
The service, called Truth API, gives paying subscribers a faster feed of the president’s posts. Trump Media’s interim chief executive, Kevin McGurn, unveiled it in July, and TNW previously reported that the company had pitched traders a $100,000 feed of the president’s Truth Social output.
Access reportedly runs from about $60,000 to $100,000 a month, positioning the president’s musings as a premium data product for hedge funds and traders keen to react to a market-moving post before everyone else does.
The lawsuit was filed on 12 August in the Southern District of New York, one of the busiest courts in the country for...
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