Trump sued over Truth Social’s $100K paid feed

The Intercept and Freedom of the Press Foundation have sued President Donald Trump over a Truth Social service charging up to $100,000 monthly for faster access to posts that may move U.S. financial markets. Summary Truth API subscriptions reportedly cost $60,000 to $100,000 per month. More than 10 customers, mainly high-frequency trading firms, have signed agreements. The lawsuit alleges violations of the First and Fifth Amendments. Trump’s revocable trust holds about 41% of Trump Media, a Nasdaq-listed company. Truth Social lawsuit targets preferential access The Intercept and Freedom of the Press Foundation filed the complaint Wednesday in the U.S. District Court for the Southern District of New York, according to an Associated Press report. The case names Trump, Trump Media & Technology Group, and White House aides Daniel Scavino and Natalie Harp among the defendants. Seeking declaratory and injunctive relief, the plaintiffs want the court to stop the administration from giving paying Truth API customers preferential access to presidential posts containing official U.S. policy announcements. The complaint also challenges what the plaintiffs describe as an exclusive arrangem...