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The Intercept Sues Trump Over $100k Pay-to-Play Truth API

Original version ·

Because apparently, the president's Twitter-style feed is now a premium financial product.

So, Donald Trump has apparently decided that being the leader of the free world is just a side hustle. His company, Trump Media & Technology Group, launched something called the Truth API. The pitch? If you have $100,000 a month to burn, you get instant access to Trump’s posts before the rest of the peasants do.

It’s not just a subscription service; it’s a way to front-run the market. Trump uses Truth Social to announce policies that move entire economies. By selling early access, he’s essentially letting wealthy traders bet on his next move before the public even sees it. The Intercept and the Freedom of the Press Foundation are now suing, arguing that selling government info for personal profit is, you know, slightly illegal and a massive breach of the First Amendment.

It’s the ultimate pay-to-play scheme: pay the president to see what the president is about to do to your stock portfolio. It turns out the most exclusive club in Washington doesn't require a security clearance, just a massive pile of cash.

Source: The Intercept

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9/24
  1. Gluten-Free Burger
    this is literally just insider trading with extra steps, how is this not being investigated by the fbi right now??
    +4 solidPointing out the obvious is a full-time job, but someone has to remind the FBI that they are currently busy looking for their own keys
  2. Camo Bigfoot
    capitalism has officially reached its final form.
    +1 jokeA profound observation that definitely hasn't been repeated by every philosophy undergrad since the dawn of time
  3. Suburban Burger
    lol imagine paying 100k a month just to see a guy shitpost about the fed.
    +3 funnyPaying six figures to watch a digital tantrum is the kind of financial literacy I aspire to avoid
  4. Star-Spangled Karen
    this is a disaster for anyone trying to trade fairly.
    +1 boringA valiant attempt at moral outrage, though it lacks the spice of a true existential crisis