Trump Sued Over Plan To Monetize His Truth Social Posts

Aug 12, 2026 10:41 PM - 4 hours ago 44

Topline

President Donald Trump connected Wednesday was sued by 2 media groups complete the Truth Social parent’s scheme to waste faster entree to his societal media posts, calling the connection “extraordinary, corrupt and unconstitutional.”

Two media firms called the president’s scheme to waste faster entree to his societal media posts “extraordinary, corrupt and unconstitutional.”

Key Facts

The Intercept Media and nonprofit Freedom of the Press Foundation, successful a title revenge Wednesday successful the U.S. Southern District of New York, asked the tribunal to artifact the plan, alleging the president “stands to summation financially by giving ‘market-moving’ authorities accusation to those who are consenting and capable to salary his individual company.”

Trump Media & Technology Group announced successful July it would connection subscribers who paid up to $100,000 each period early entree to Trump’s Truth Social posts, calling the programme “Truth API” and saying it was “designed for organizations astir impacted by the costs of a hold successful information.”

The Intercept, successful a statement announcing the lawsuit, accused Trump of violating the First Amendment correct of journalists and different members of the nationalist by blocking adjacent entree to charismatic information.

crucial quote

Ben Muessig, editor-in-chief of The Intercept, said successful a statement: “Trump is trying to enrich himself by privatizing authorities accusation that he has nary correct to sell. We won’t fto it stand.”

how galore companies person signed up for truth api?

Trump Media CEO Kevin McGurn said during the firm’s net telephone connected Monday that much than 10 companies had reached agreements for Truth API, “generally successful the scope of $60,000 to $100,000 a month.” McGurn did not disclose which companies had signed up for the plan, but noted Trump Media was successful progressive discussions pinch ample news organizations and developers of ample connection models.

key background

Trump has utilized his Truth Social level to denote appointments of elder management officials, bombing campaigns successful Iran and caller tariffs. Recent posts by Trump astir the warfare successful Iran person moved markets and lipid prices, influencing ostentation successful caller months. Trump Media concisely planned to rotation Truth Social disconnected arsenic its ain company, but backed disconnected from the scheme successful June “after further evaluation.” The firm’s banal dropped to a two-week debased connected Monday aft it reported different quarterly loss, totaling $238.1 cardinal for its latest quarter, pinch much than $190 cardinal successful losses attributed to unrealized losses connected integer assets and equity securities.