Lawsuit seeks to block Trump Media from charging for early access to Trump’s U.S. policy posts
- Donald Trump was sued in federal court in New York over a new paid Truth Social service that gives customers earlier access to his posts on U.S. policy.
- The lawsuit says the service, called Truth API, lets paying customers see market-moving posts milliseconds before the public and violates the Constitution.
- The plaintiffs are the Freedom of the Press Foundation and The Intercept, which argue official presidential announcements should be available to everyone at the same time.
- Trump Media said selling faster data access is common in the industry and accused the plaintiffs of trying to censor the president and harm shareholders.
- The company is already under financial pressure, with shares far below their post-listing level and large quarterly losses.
- The case could be negative for Trump Media shares if the court restricts the new paid service; the broader market impact appears limited and mostly company-specific.
A federal lawsuit filed in New York seeks to stop Donald Trump and Trump Media from charging for early access to his posts on U.S. policy through a new Truth Social service. The service, called Truth API, is described in the complaint as giving paying customers access to posts milliseconds before they are available to the public.
The plaintiffs, the Freedom of the Press Foundation and The Intercept, argue that the arrangement violates the Constitution because official presidential statements should be available on equal terms to the press and the public. They also say the government should not impose unreasonable conditions on access to information tied to official duties.
Trump Media rejected the claims, saying fast-access services are common in its industry and that the lawsuit is an attempt to silence the president. The company also said the action could harm shareholders.
The dispute comes as Trump Media continues to report heavy losses and its stock has fallen sharply from its post-listing level. The immediate market implication is potentially negative for Trump Media shares if the paid access service is curtailed; the broader market impact is likely neutral.
诉讼要求禁止特朗普媒体就特朗普涉美国政策帖文的提前访问收费
纽约一项联邦诉讼要求阻止唐纳德·特朗普及其特朗普媒体公司，就其在 Truth Social 上发布的美国政策帖文提前访问权限收费。被称为 Truth API 的新服务，在起诉书中被描述为让付费客户比公众早几毫秒看到相关帖文。
原告包括新闻自由基金会和《The Intercept》。他们认为，这种安排违反宪法，因为总统的正式表态应当让媒体和公众同时、平等获取；他们还主张，政府不应对获取与公务相关信息设置不合理条件。
特朗普媒体否认这些指控，称提供更快的数据访问在行业内很常见，并表示这起诉讼是在试图压制总统。公司还称，相关诉讼可能损害股东利益。
这场争议发生在特朗普媒体持续亏损、股价较上市后水平明显下跌的背景下。就市场影响看，如果法院限制这项付费服务，对特朗普媒体股价可能偏利空；对更广泛市场的直接影响则较有限，主要是单一公司事件。