{"id":5314,"date":"2026-08-13T09:40:43","date_gmt":"2026-08-13T09:40:43","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=5314"},"modified":"2026-08-13T09:40:43","modified_gmt":"2026-08-13T09:40:43","slug":"trumps-truth-social-faces-fresh-battle-after-humiliating-loss","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=5314","title":{"rendered":"Trump\u2019s Truth Social Faces Fresh Battle After Humiliating Loss"},"content":{"rendered":"
\n

Donald Trump\u2019s hopes of cashing in by offering a paid head-start to his Truth Social posts have been dealt a blow after he was sued in an attempt to stop it.<\/p>\n

Read more Kaitlan Collins Calls Out Stephen Miller Over Air Force One Debacle<\/a><\/p>\n

Truth Social\u2019s owner, Trump Media & Technology, launched the so-called \u201cTruth API\u201d service this month, charging financial firms up to $100,000 a month to view the president\u2019s posts about U.S. policy on issues related to tariffs, war and other critical government matters, seconds faster than the rest of the world. Even the tiniest of advantages can be lucrative for Wall Street companies. <\/p>\n

\n

However, the lawsuit, filed on Wednesday in Manhattan federal court, alleges presidential pronouncements must reach the press and public simultaneously, and that failing to ensure that happens is a breach of the U.S. Constitution. Plaintiffs say the First Amendment should guarantee equal access to a president\u2019s statements, and the Fifth Amendment bars attaching unreasonable conditions\u2014like six-figure fees\u2014to government benefits, and that the company should be forced to pull the service. <\/p>\n<\/div>\n

Seth Stern, chief of advocacy at the Freedom of the Press Foundation, a plaintiff in the case along with news outlet The Intercept, said: \u201cA president selling priority access to news he himself generates for the benefit of a private company he controls is so blatantly corrupt and unconstitutional that it would have been hard to even fathom just a few years ago.\u201d<\/p>\n

The suit\u2019s other defendants include Trump\u2019s loyal executive assistant, Natalie Harp, 35, who often posts on his behalf and is rarely away from the president\u2019s side, and his deputy chief of staff and former golf caddy, Dan Scavino, 50.<\/p>\n

The legal action also targets a separate arrangement in which Truth Social is given six hours of exclusivity before Trump, 80, can post elsewhere. Plaintiffs want him barred from \u201cposting official government information exclusively\u201d on his own site.<\/p>\n

The Truth API scheme was viewed as a lifeline for a company in freefall. It had a $238 million quarterly loss, with stock now under $10 from a high of $62 shortly after its market debut. Even just the 10 customers Trump Media said had already signed up, paying between $60,000\u2013$100,000 a month, would bring in an estimated $7 million\u2013$12 million a year. <\/p>\n

Read more Frontrunner to Replace Karoline Leavitt Revealed<\/a><\/p>\n

The biggest stake in Trump Media belongs to the president himself, with AP reporting he holds more than 40 percent via a trust. The complaint itself, according to The Intercept, puts his stake at 52.1 percent when he retook office\u2014worth $4 billion then, but only roughly $1 billion now. <\/p>\n

Last month, Sens. Elizabeth Warren and Adam Schiff wrote to SEC Chair Paul Atkins asking whether Truth API breaches insider-trading and market-manipulation law, pointing to Trump posts that moved individual stocks.<\/p>\n

Trump Media & Technology defended itself by saying the practice of selling early access to financial institutions is standard, and that the suit was a \u201cleft-wing\u201d attempt to \u201ccensor\u201d the president.<\/p>\n

\u201cInformation from President Trump is disseminated by countless platforms and news outlets, many of which offer subscription APIs,\u201d it said in a statement. \u201cNow, left wing activists are trying to wrongfully weaponize the courts to censor him again and harm our shareholders.\u201d<\/p>\n

Yet even Wall Street executives are recoiling. \u201cIt\u2019s insane,\u201d one told NPR. \u201cI can say for myself and 200 of my friends in finance, we\u2019re not getting anywhere near this. In another administration, this would be considered criminal.\u201d<\/p>\n

\n

The Daily Beast has approached Trump Media & Technology and the White House for comment.<\/p>\n

Read more CNN Host Calls Out Stunning Problem With Trump\u2019s \u2018Patriot Games\u2019<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

Donald Trump\u2019s hopes of cashing in by offering a paid head-start to his Truth Social posts have been dealt a blow after he was sued in an attempt to stop it. Read more Kaitlan Collins Calls Out Stephen Miller Over Air Force One Debacle Truth Social\u2019s owner, Trump Media & Technology, launched the so-called \u201cTruth […]<\/p>\n","protected":false},"author":1,"featured_media":5313,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump\u2019s Truth Social Faces Fresh Battle After Humiliating Loss - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=5314\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s Truth Social Faces Fresh Battle After Humiliating Loss - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"Donald Trump\u2019s hopes of cashing in by offering a paid head-start to his Truth Social posts have been dealt a blow after he was sued in an attempt to stop it. 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