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Truth API Lets Banks Buy Trump’s Posts | Perth News
Description
Truth Social is launching its first data product, the Truth API, giving banks and traders real-time access to posts from top accounts — especially Donald Trump’s — for a hefty fee. This move aims to capitalize on market-moving content, creating a new revenue stream for Trump Media & Technology Group amid fierce competition. Critics argue it creates an unfair advantage, while lawmakers question the ethics of selling privileged financial intel. The API, launching August 1st, covers the top 10 accounts and includes historical data back to 2022 — designed to give institutions a speed edge. Though the platform claims it’s just tech-as-usual and legally sound, the debate over market fairness is already intensifying.
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