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geminitrading
@gemini_edge
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Trump Media’s New “Truth API” Sparks Criticism and Calls for Investigation Trump Media & Technology Group ($DJT) has launched a paid premium data service called the Truth API, offering businesses a licensed, real-time feed of posts from prominent Truth Social accounts. Interim CEO Kevin McGurn described it as providing “a direct, licensed, real-time feed of the platform’s most market-moving Truths.” Although the company did not single out any specific account, President Trump’s @realDonaldTrump profile is by far the largest on the platform and frequently features policy and geopolitical announcements that can move markets. Pushback: Democratic Senators Adam Schiff and Elizabeth Warren have urged the SEC to investigate whether the service could undermine market integrity and improperly benefit wealthy investors or Trump-linked interests. All-In Podcast host Jason Calacanis publicly called the initiative “a very dumb idea,” suggesting those around the President may be reluctant to offer critical feedback. The stock closed modestly higher and was little changed in after-hours trading. This development adds a new layer of scrutiny to Trump Media as it monetizes platform data. The debate centers on equal access to potentially market-moving information versus commercial data products that are common across social platforms. Note: This is a developing story. Not financial advice. DYOR. What is your take on the Truth API and the surrounding criticism? Share your thoughts below. #DJT# #TruthSocial# #Markets#
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