‘Brazen corruption’: critics denounce Trump media plan to sell priority access to Truth Social posts
ONP Summary
Trump Media & Technology Group announced Truth API, a data feed launching August 1 that provides institutional investors and banks with prioritized, real-time access to posts from influential Truth Social accounts, particularly President Trump's. The service monetizes Trump's market-moving presence on the platform by charging Wall Street traders for preferential information access.
Progressive:Commodified political influence — progressive outlets emphasized the problematic sale of preferential access to Trump's posts, noting insider trading concerns.
Moderate:Premium market data — centrist outlets described it as a commercial service providing Wall Street firms early access to market-relevant posts.
Conservative:Professional financial access — conservative outlets framed it as legitimate infrastructure giving financial firms efficient real-time data feeds.
Move would allow Wall Street trading firms and other institutions to potentially profit from seeing president’s posts first
Donald Trump’s media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own, affecting national security and financial markets.
The move announced Thursday would allow Wall Street trading firms and other institutions to get news from top Truth Social contributors in milliseconds so they could profit off subsequent moves in stocks, bonds and interest rates.
Continue reading...
이 뉴스, 어떠셨어요?
탭 한 번으로 반응 · 로그인 불필요