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US media groups The Intercept and Freedom of the Press Foundation have sued President Donald Trump over his Truth API service, which allows subscribers to pay for early access to his Truth Social posts – sometimes crucial seconds ahead of the general public.
Trump Media & Technology Group, the company running the platform, has dismissed concerns over the product, which is called Truth API and was first unveiled in mid-July. Several Democratic lawmakers have called for a probe into the service by the Securities and Exchange Commission (SEC), which regulates US markets.
The paid service charges up to $100,000 a month, or $60,000 a month if users commit to three years. Trump Media interim Chief Executive Officer Kevin McGurn said this week that Truth API is already generating revenue with 10 customer agreements signed, though he did not identify the clients.
The lawsuit, filed in New York, states that the scheme is “extraordinary, corrupt and unconstitutional.” Subscribers to the paid service are supposed to get almost instantaneous access to Trump’s messages on the Truth Social platform.
“This scheme is profoundly corrupt. The President stands to gain financially by giving ‘market-moving’ government information to those who are willing and able to pay his personal company,” a court filing says. Calls have been made for Trump to be probed by the SEC over the deal.
The Intercept, a nonprofit US news outlet, and Freedom of the Press Foundation, which operates a database tracking Truth Social posts, argue that the paid service hinders their ability to properly cover Trump. “Timely access to the president’s posts is critical for both groups,” the filing states, asking the court to declare Truth API as unlawful and block future posts.
On Monday, Trump Media posted a ten-fold jump in losses for the second quarter of 2026, linked to declines in values of its digital assets. Forbes has estimated that Trump’s net worth shot up from $2.3 billion to $6.5 billion since 2024, when he won the election over Kamala Harris.
The Wall Street Journal has reported that trading companies were among the first to subscribe to the service.
### Key Facts
- President Donald Trump is being sued over his Truth API service.
- The service charges up to $100,000 a month for early access to Truth Social posts.
- The SEC is being called upon to probe the deal.
- The Intercept and Freedom of the Press Foundation are suing over the paid service.
- 10 customer agreements have been signed.