Live Feeds
● LIVE Updated 1h ago · 6 sources tracked

Ex-federal prosecutors say Trump media company's scheme to sell early access to Truth Social posts is likely criminal

Former federal prosecutors claim a scheme by Trump Media to sell early access to Truth Social posts is likely criminal. The company launched a paid feed targeting Wall Street traders, with some subscriptions costing $100,000 monthly. This service is now the subject of a corruption lawsuit and a separate legal action by San Francisco to stop the early access system. The Campaign Legal Center has filed a proposed amicus brief supporting a motion for a preliminary injunction against the service.

🎙️

Listen to Live Briefing

Real-time synthesized voice briefing · Live Feeds Desk

⏱ ~2 min
Speed:
RSS Source map (6)
⚡ Key Developments & Real-Time Context
Text size:
  • ✓ Trump Media launched a paid early access feed for social posts targeting Wall Street traders.
  • ✓ The paid subscription service for Truth Social is being challenged in lawsuits.
🛡️ Source Corroboration: 6 independent reporting domains (70% confidence) ⏱ Read time: ~2 min

What changed

San Francisco filed a lawsuit to stop the early access feed and former federal prosecutors labeled the scheme likely criminal.

Live updates

  1. Ex-federal prosecutors call Truth Social early access scheme likely criminal

    Former federal prosecutors claim a scheme by Trump Media to sell early access to Truth Social posts is likely criminal. The company launched a paid feed targeting Wall Street traders, with some subscriptions costing $100,000 monthly. This service is now the subject of a corruption lawsuit and a separate legal action by San Francisco to stop the early access system. The Campaign Legal Center has filed a proposed amicus brief supporting a motion for a preliminary injunction against the service.

    Why it matters

    The service allows paying users to see posts before the general public, potentially providing a market advantage for traders. This creates legal tension between subscription business models and corruption or insider trading laws.

    What is confirmed

    • Trump Media launched a paid early access feed for social posts targeting Wall Street traders.
    • The paid subscription service for Truth Social is being challenged in lawsuits.

    Still unconfirmed

    • Some early-access subscriptions cost $100,000 monthly.
    • Ex-federal prosecutors believe the early access scheme is likely criminal.

    What to watch next

    • Court ruling on the motion for a preliminary injunction
    • Outcome of the San Francisco lawsuit
    • Official response from Trump Media regarding the criminal allegations
    Sources used for this update (6)
    1. CBS News — Ex-federal prosecutors say Trump media company's scheme to sell early access to Truth Social posts is likely criminal
    2. Campaign Legal Center — Proposed Amicus Brief in Support of Plaintiffs' Motion for Preliminary Injunction
    3. Bloomberg Law News — Truth Social’s Paid Subscription Service Challenged in Lawsuit
    4. dars.gov.et — Trump Faces Corruption Lawsuit Over $100,000 Monthly Truth Social Early-Access Subscriptions - Segment Revenue Breakdown
    5. careplusvn.com — Trump Media Launches Paid Early Access Feed for Social Posts Targeting Wall Street Traders - Consensus Forecast Report
    6. The New York Times — San Francisco Sues to Stop Early Access to Trump’s Truth Social Posts
    confidence 70%
📊

Community Sentiment: How do you assess this situation?

Voice your perspective · Real-time aggregated sentiment from the Live Feeds community