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For sale: early access to Trump's Truth Social posts
2 months ago
- Trump Media & Technology Group is selling early access to Trump's Truth Social posts via a premium API, Truth API, for up to $100,000 per month.
- Legal experts, including a former SEC official, argue the service may violate insider trading laws by providing non-public, market-moving information to paying traders.
- Democratic Senators Elizabeth Warren and Adam Schiff have called on the SEC to investigate the service for potential securities law violations.
- Trump Media defends the offering as a lawful provision of publicly available data, while critics say it monetizes the presidency and disadvantages regular investors.
Truth Social to sell fast access to Trump's social media posts
2 months ago
- President Trump's Truth Social is selling early access to his posts to high-frequency traders for $100,000 per month, raising insider trading and ethics concerns.
- Traders can profit from Trump's market-moving posts on tariffs, wars, and central bank policies, with critics arguing it gives an unfair advantage over retail investors.
- Trump Media faces financial losses and a 75% stock drop since Trump took office, relying on this service to double revenue, while Democrats threaten investigations.
- Ethics experts and critics warn of using public office for private gain, given Trump's influence on markets and potential conflicts with his policy announcements.
White House teleprompter operator made $100K+ betting on Trump's speeches
2 months ago
- Trump's teleprompter operator Gabriel Perez allegedly made over $100,000 betting on Trump's speeches using inside knowledge.
- He placed bets on prediction market Kalshi for more than a dozen speeches, including the State of the Union and other key addresses.
- Kalshi flagged suspicious trades to the CFTC, and Perez is in settlement talks to return profits and avoid similar trades.
- The White House issued a memo warning staff against using nonpublic information for betting, while Perez continues in his role.
- CFTC investigators found Perez sometimes canceled bets mid-speech if Trump skipped certain words he had bet on.
- Federal prosecutors declined to open a criminal case, and the DOJ has brought insider trading cases on prediction markets involving others.
- Trump has criticized prediction markets but supports their operation, and his company considered launching its own market.

insider trading

For sale: early access to Trump's Truth Social posts

Truth Social to sell fast access to Trump's social media posts

White House teleprompter operator made $100K+ betting on Trump's speeches