Wed, 12 Aug 2026
The suit challenges Truth Social plan selling early access to Trump's market-moving posts.
Two US media groups, The Intercept and Freedom of the Press Foundation, have filed a lawsuit against US President Donald Trump over his new Truth Social service that offers paid access to his posts for up to $100,000 per month. The plaintiffs argue that this arrangement is "extraordinarily corrupt" and unconstitutional as it gives paying subscribers an unfair advantage in accessing market-sensitive information before the general public. They claim that this setup could lead to insider trading and other financial irregularities. Trump's company, TMTG, has dismissed the lawsuit as being brought by "left-wing activists" seeking to censor the president. The paid service, called Truth API, delivers posts from Trump and other high-profile accounts in milliseconds, giving paying clients a head start on news that can move markets. The plaintiffs say this setup is particularly problematic given that Trump uses his platform to announce major developments, such as during times of war. They also point out that the president has significant financial interests tied to the service through his ownership stake in TMTG.
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