Trump sued over 'profoundly corrupt' Truth Social feed

Donald Trump was ​sued on Wednesday over a service that sells ‌early access to his Truth Social posts, including some that have moved markets.

The complaint, filed by the Intercept and the Freedom of the Press Foundation, challenges Truth API, a feed from Trump Media & Technology Group that ​charges up to $100,000 a month for early access to 10 high-profile accounts, including Trump's own.

The service launched on August 1, four days after Democratic Senators Elizabeth Warren of Massachusetts and ⁠Adam Schiff of California called on the US Securities and Exchange Commission (SEC) to investigate whether it undermined ​financial market integrity while enriching Trump, Wall Street and wealthy insiders.

The White House did not immediately respond to a request ​for comment. 

Trump has long used Truth Social to disclose news, such as on tariffs and Middle East conflicts, that can move prices of stocks, oil and other markets.

The lawsuit seeks to block the ​White House from posting official government announcements exclusively on Truth Social while the paid feed exists.

Plaintiffs call service 'profoundly corrupt'

The plaintiffs called the Truth API service "profoundly corrupt", arguing that the president stands to gain financially from subscribers and that the public deserves equal access to official announcements.

They ‌said ⁠the service violated the First Amendment and that there was no legitimate government interest in selling Trump's posts to private subscribers and letting him profit.

A Trump Media ​spokesperson said "countless" platforms and ⁠news outlets, including many offering subscription feeds, already share Trump's posts, accusing "left-wing activists" of trying to "wrongfully weaponize the courts to censor him" and harm shareholders.

On an earnings call on Monday, Trump Media interim Chief Executive Kevin ​McGurn said Truth ⁠API enabled subscribers to get news "fractionally faster" than others.