The lawsuit was filed Wednesday in a New York federal court by two media entities, The Intercept and the Freedom of the Press Foundation. The complaint claims the Truth API service offered by the Trump Media and Technology Group (TMTG) is “profoundly corrupt,” as the President “stands to gain financially by giving “market-moving” government information to those who are willing and able to pay his personal company.”
The President has a history of disclosing market-sensitive news on the platform, from the announcement of tariffs to updates on the Iran war and the status of the Strait of Hormuz.
The lawsuit is aiming to prohibit the White House from posting official government announcements exclusively on Truth Social so long as the paid service exists.
TIME has reached out to the White House and TMTG for comment.
Here’s what you need to know:
“The First Amendment guarantees equal access to the President’s public announcements, and even content-neutral burdens on that access must be narrowly tailored to serve a significant government interest,” the lawsuit reads.
The lawsuit further argues that Trump has “published between 9,000 and 11,000 posts or reposts on Truth Social” and that “often” his announcements have “no immediate corresponding announcement from the White House,” suggesting that “Trump’s posts are the only way to get official government news.”
Additionally, the complaint argues that the service allows “other organizations to get a competitive advantage over The Intercept and its reporters.”
“The President’s public statements are for the public, not a wealthy few. Our democracy depends on upholding the Constitution and enjoining Trump’s corrupt scheme,” said Brendan Ballou, a lawyer representing the media entities.
Democratic lawmakers rally against Truth Social's early access service
The paid service has also drawn scrutiny from Democratic lawmakers since it was first announced in July.
“Trump Media’s new service threatens to undermine the integrity of capital markets. Because of this service, social media posts about the President’s opinion or policy intent will not be available to the public or ordinary investors at the same speed as Wall Street firms and wealthy insiders paying for access,” the Senators wrote.
TIME has reached out to Warren and Schiff for comment.
Sen. Warren, meanwhile, has continued to speak openly of her concerns over the early access feed.
Warren went on to criticize both Trump and Paul Atkins, the chairman of the SEC. (The SEC's three current commissioners are Republican.)
An SEC spokesperson declined to comment when contacted by TIME.
Hence then, the article about trump is sued over selling early access to truth social posts amid backlash against scheme was published today ( ) and is available on Time ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Trump Is Sued Over Selling Early Access to Truth Social Posts Amid Backlash Against Scheme )
Also on site :