Overview
- Truth API, which launched Aug. 1, is a licensed low‑latency data feed from Truth Social that delivers posts from top accounts to subscribing firms in near real time.
- The company is marketing the service to hedge funds and high‑frequency traders with reported prices up to $100,000 a month for faster, direct delivery of market‑moving posts.
- Trump Media says posts are released to subscribers and the public at the same time, but market experts say dedicated feeds and faster processing can still create a millisecond trading edge.
- President Trump owns roughly 41 percent of Trump Media so subscription revenue would flow largely to his holdings, prompting ethics concerns and calls from lawmakers for SEC and DOJ reviews.
- Congressional letters and demands for company records followed the launch and investigators have set deadlines for documents as regulators consider whether the product undermines market fairness or raises legal risks.