Trump Media & Technology Group Corp. (DJT) launched a paid API service for real-time access to Truth Social posts, drawing criticism for potentially giving wealthy investors an unfair advantage. Democratic Senators are calling for an SEC investigation into whether this service violates federal law and undermines market integrity.
Trump Media & Technology Group Corp. (DJT) has launched a 'Truth API' offering licensed, real-time access to prominent Truth Social accounts, including former President Trump's market-moving posts. This move has immediately drawn sharp criticism and calls for an SEC investigation from Democratic Senators, who argue it could undermine market integrity and unfairly benefit wealthy investors and Trump-linked interests. The short-term implication is increased regulatory risk and negative sentiment for DJT, as evidenced by its recent price action. Long-term, if an investigation finds wrongdoing, it could lead to significant legal and financial repercussions for the company, while also raising questions about the ethical boundaries of social media platforms tied to political figures.