Lawsuit seeks to block Trump Media from charging for early access to president's posts on U.S. policy
- President Donald Trump was sued in federal court over a paid Truth Social service that gives paying customers early access to his posts on U.S. policy.
- The plaintiffs say the service violates the Constitution because official presidential announcements should be available to everyone at the same time.
- The new service, called Truth API, reportedly charges Wall Street firms as much as $100,000 a month for faster access to market-moving posts.
- Truth Social’s parent company, Trump Media & Technology, says selling fast access to traders is common in the industry and that the lawsuit is an attempt to silence the president.
- The lawsuit seeks to force Trump Media to end the paid service and also asks the court to stop Trump from posting official government information exclusively on Truth Social.
President Donald Trump was sued in federal court in New York over a new paid Truth Social service that gives subscribers early access to his posts on U.S. policy issues. The plaintiffs, including the Freedom of the Press Foundation and The Intercept, argue that the arrangement is unconstitutional because government announcements should be available to the public on equal terms.
According to the complaint, the service, called Truth API, can give paying customers access to Trump’s market-moving posts milliseconds before others. The filing says some Wall Street firms may pay as much as $100,000 a month for that access.
Trump Media said the lawsuit is an effort to silence the president and hurt shareholders, and said subscription APIs are common in the industry. The company also said Trump’s information is already spread across many platforms and news outlets.
The case could matter for Trump Media’s stock because it targets a paid product tied to the company’s core platform and to Trump’s public messaging. The immediate market impact is likely neutral to negative for the stock, while the broader effect on crypto, gold, or foreign exchange appears limited from the reporting alone.
诉讼要求禁止特朗普媒体就美国政策帖文的提前访问收费
美国总统唐纳德·特朗普因 Truth Social 一项新的付费服务在纽约联邦法院被起诉。该服务让订阅者能够提前看到他关于美国政策问题的帖子。包括新闻自由基金会和《The Intercept》在内的原告认为，这种安排违宪，因为政府公告应当向公众平等开放。
起诉书称，这项名为 Truth API 的服务可以让付费客户比其他人早几毫秒看到特朗普可能影响市场的帖子。文件还称，一些华尔街公司为此每月可能支付高达 10 万美元。
Trump Media 表示，这起诉讼是在试图压制总统并损害股东利益，并称订阅式 API 在行业中很常见。公司还表示，特朗普的信息已经通过许多平台和新闻机构传播。
从市场角度看，这起诉讼可能影响 Trump Media 的股价，因为它直接针对公司核心平台上的收费产品，以及与特朗普公开发声相关的商业模式。就报道本身来看，对该股的短期影响偏中性至偏利空；对加密货币、黄金或外汇市场的直接影响则不明显。